Freetech Road Recycling Technology (Holdings) Ltd. (HK:6888) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Freetech Road Recycling Technology has announced a significant transaction involving the sale of its subsidiary, valued at RMB71.1 million, to Tianjin Expressway Group. The disposal is classified as a very substantial disposal under Hong Kong’s Listing Rules, necessitating shareholder approval. This move will see the subsidiary exiting Freetech’s portfolio, impacting its structure and financial positioning.
For further insights into HK:6888 stock, check out TipRanks’ Stock Analysis page.