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An announcement from CASH Financial Services Group ( (HK:0510) ) is now available.
CASH Financial Services Group Limited and its subsidiary, CASH Trinity Bullion, announced the redemption of their investment in a fund for approximately HK$16 million. This transaction results in the fund no longer being a subsidiary and will be accounted for as financial assets at fair value through profit or loss. The redemption is considered a discloseable transaction under the Listing Rules due to its financial significance, impacting the company’s financial statements and market positioning.
More about CASH Financial Services Group
CASH Financial Services Group Limited, incorporated in Bermuda, operates in the financial services industry, focusing on securities trading and investment management. The company is involved in providing financial services and investment opportunities, primarily within the Hong Kong market.
Average Trading Volume: 621,382
Technical Sentiment Signal: Buy
Current Market Cap: HK$172.5M
See more insights into 0510 stock on TipRanks’ Stock Analysis page.