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An update from China Mining International Ltd. ( (SG:BHD) ) is now available.
China Mining International Ltd. has announced a strategic initiative to reduce operational costs and administrative burdens by conducting intra-group share transfers and disposing of offshore companies. This restructuring is expected to save the company approximately RMB 200,000 annually starting from the first half of 2025, without impacting operational efficiency. The intra-group share transfers involve subsidiaries and associated companies, but do not change the effective interests in these entities.
More about China Mining International Ltd.
China Mining International Ltd. is a company incorporated in the Cayman Islands, focusing on the mining industry. It operates through its subsidiaries and associated companies, engaging in activities related to real estate development, construction engineering, and agricultural science and technology.
Average Trading Volume: 2,459,572
Technical Sentiment Signal: Sell
Current Market Cap: S$13.87M
Find detailed analytics on BHD stock on TipRanks’ Stock Analysis page.