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Green Leader Details Structure of Energy Assets in Lexing Disposal Update

Story Highlights
  • Green Leader outlined the corporate structure of Lexing Holdings and its energy-related subsidiaries and associates in China.
  • The supplemental disclosure clarifies the scope of assets being divested, impacting investors’ view of Green Leader’s future energy portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Green Leader Details Structure of Energy Assets in Lexing Disposal Update

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An update from Green Leader Holdings Group Limited ( (HK:0061) ) is now available.

Green Leader Holdings Group Limited has issued a supplemental announcement providing detailed information on the group structure of Lexing Holdings Limited and its subsidiaries and associates in connection with the previously announced disposal of the target’s entire issued share capital and shareholder’s loan. The disclosure maps out Lexing’s network of PRC-based energy and coal-related investment vehicles and associates, giving investors clearer visibility on the composition and exposure of the assets being divested, which may affect the group’s future portfolio balance in the coal and energy investment sector and inform stakeholders’ assessment of the strategic implications of the disposal.

The most recent analyst rating on (HK:0061) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Green Leader Holdings Group Limited stock, see the HK:0061 Stock Forecast page.

More about Green Leader Holdings Group Limited

Green Leader Holdings Group Limited is a Hong Kong–listed investment holding company with interests in energy-related assets and operations in Mainland China, including coal and energy investment entities and associated companies in Shanxi and Jiangxi provinces.

Average Trading Volume: 388,748

Technical Sentiment Signal: Sell

Current Market Cap: HK$41.57M

Learn more about 0061 stock on TipRanks’ Stock Analysis page.

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