Cosmos Machinery Enterprises Limited (HK:0118) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Cosmos Machinery Enterprises Limited has successfully completed the sale of its entire share capital of GB HK and the entire equity interest in GB Shenzhen. As a result of these transactions, known as the Disposals, the GB Subsidiaries are no longer part of the company and will not be included in Cosmos Machinery’s future financial consolidation. This strategic move leads to a significant restructuring of the company’s subsidiary holdings.
For further insights into HK:0118 stock, check out TipRanks’ Stock Analysis page.