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Central Holding Group Co. Ltd. ( (HK:1735) ) just unveiled an update.
Central New Energy Holding Group Limited, a company incorporated in the Cayman Islands, has announced the disposal of its subsidiary through a transaction with a purchaser. The company has agreed to sell the entire issued share capital of the subsidiary for HK$115,000,000, which will be settled through a promissory note with an 8% annual interest rate, maturing on 31 August 2025. This transaction, classified as a discloseable transaction under the Listing Rules, means the financial results of the subsidiary will no longer be consolidated into the group’s financial statements.
More about Central Holding Group Co. Ltd.
Average Trading Volume: 5,675,094
Technical Sentiment Signal: Hold
Current Market Cap: HK$36.03B
See more insights into 1735 stock on TipRanks’ Stock Analysis page.