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Great Harvest Maeta Holdings Announces Major Vessel Disposal

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Great Harvest Maeta Holdings Announces Major Vessel Disposal

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Great Harvest Maeta Holdings Limited ( (HK:3683) ) just unveiled an announcement.

Great Harvest Maeta Holdings Limited, through its subsidiary Joy Ocean Shipping Limited, has entered into a Memorandum of Agreement (MOA) with Migo Shipping Co., Limited for the sale of a vessel for US$4.5 million. This transaction is classified as a major transaction under the Hong Kong Stock Exchange Listing Rules, requiring shareholder approval, which has been obtained from the majority shareholder, Ablaze Rich. Consequently, no extraordinary general meeting will be held.

More about Great Harvest Maeta Holdings Limited

Average Trading Volume: 136,847

Technical Sentiment Signal: Sell

Current Market Cap: HK$112.4M

For detailed information about 3683 stock, go to TipRanks’ Stock Analysis page.

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