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China South City Holdings Limited ( (HK:1668) ) just unveiled an update.
China South City Holdings Limited, currently in liquidation, has entered into two equity transfer agreements. The company will sell 100% equity interest in two project companies, each holding a property, for a total of RMB217.0 million. These transactions are classified as discloseable under the Hong Kong Listing Rules, requiring reporting and announcement but not shareholder approval. The agreements will result in the company ceasing to hold interests in these properties, impacting its asset portfolio and potentially its market positioning.
More about China South City Holdings Limited
Average Trading Volume: 8,397,572
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.22B
For an in-depth examination of 1668 stock, go to TipRanks’ Overview page.