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Cinese International Group Holdings Limited ( (HK:1620) ) has shared an announcement.
Cinese International Group Holdings Limited, incorporated in Ontario, Canada, and continued in the Cayman Islands, announced a major transaction involving the disposal of its entire equity interests in a wholly-owned subsidiary. The transaction, valued at CAD3.0 million, was completed immediately after the agreement was signed, resulting in the subsidiary no longer being part of the company’s consolidated financial statements. The transaction, classified as a major one under Hong Kong’s Listing Rules, received approval from the company’s controlling shareholder, negating the need for a general meeting.
More about Cinese International Group Holdings Limited
Average Trading Volume: 1,778,139
Technical Sentiment Signal: Buy
Current Market Cap: HK$204M
For an in-depth examination of 1620 stock, go to TipRanks’ Overview page.