tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Green Future Food’s Equity Reduction in Subsidiary

Green Future Food’s Equity Reduction in Subsidiary

Green Future Food Hydrocolloid Marine Science Co., Ltd. (HK:1084) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Green Future Food Hydrocolloid Marine Science Co., Ltd. is set to reduce its equity interest in a subsidiary from 60% to approximately 46.68% following a new investment agreement. The agreement involves a capital injection by an investor and provides a repurchase option for Green Fresh, a wholly-owned subsidiary of the company. This transaction is classified as a discloseable transaction under Hong Kong’s listing rules.

For further insights into HK:1084 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1