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Credit Intelligence Ltd ( (AU:CI1) ) just unveiled an announcement.
Credit Intelligence Ltd has successfully completed the sale of its wholly owned subsidiary, Credit Intelligence Holding Limited, for AUD1,500,000. This strategic move aligns with the company’s focus on profitable projects and is expected to enhance its operational efficiency. Additionally, the company is proceeding with a capital return to shareholders, urging them to update their bank details to ensure prompt payment.
More about Credit Intelligence Ltd
Credit Intelligence Ltd operates within the financial services industry, focusing on providing credit management and debt restructuring services. The company aims to streamline its operations by concentrating on profitable projects.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.68M
For an in-depth examination of CI1 stock, go to TipRanks’ Overview page.