GHW International Adjusts Subsidiary Ownership

GHW International (HK:9933) has released an update.

GHW International has successfully completed a significant financial maneuver involving a capital increase and partial divestment in its subsidiary Taian Havay Group Co., Ltd., resulting in its ownership stake reducing to approximately 91.95%. This marks a strategic shift for the company, as the subsidiary is no longer fully owned by GHW International. The transaction, which fulfills all required conditions, signifies a notable change in the company’s investment portfolio.

For further insights into HK:9933 stock, check out TipRanks’ Stock Analysis page.