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Dongwu Cement Announces Major Subsidiary Disposal

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Dongwu Cement Announces Major Subsidiary Disposal

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The latest update is out from Dongwu Cement International Ltd. ( (HK:0695) ).

Dongwu Cement International Ltd. has announced a major transaction involving the disposal of a subsidiary, with the sale shares valued at HK$10,000,000. This transaction, which is subject to shareholder approval and other conditions, will result in the target company no longer being a subsidiary, impacting the company’s consolidated financial statements.

The most recent analyst rating on (HK:0695) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Dongwu Cement International Ltd. stock, see the HK:0695 Stock Forecast page.

More about Dongwu Cement International Ltd.

Dongwu Cement International Ltd. operates in the construction materials industry, primarily focusing on the production and distribution of cement products.

Average Trading Volume: 1,654,431

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.31B

See more insights into 0695 stock on TipRanks’ Stock Analysis page.

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