Greentown Service Group Co. Ltd. (HK:2869) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Greentown Service Group Co. Ltd. has announced a significant transaction involving the acquisition of a 25% equity interest in Hangzhou Jiancheng Assets Management Company Limited for approximately RMB223 million. This move increases Greentown’s stake to 45%, reshaping the ownership dynamics within the company. Investors should note that the acquisition, classified as a connected transaction, is subject to fulfillment of certain conditions.
For further insights into HK:2869 stock, check out TipRanks’ Stock Analysis page.