China Jinmao Holdings Group Limited (HK:0817) has released an update.
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China Jinmao Holdings Group Limited announced that its shareholders have approved a resolution regarding the potential disposal of 100% equity interests in Jin Mao Sanya Resort Hotel Company through a public tender. The sale is set at a minimum reserve price of RMB1,848.88 million, with the board authorized to finalize the price if a bidder emerges. This move reflects the company’s strategic decisions to optimize its asset portfolio.
For further insights into HK:0817 stock, check out TipRanks’ Stock Analysis page.
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