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The latest update is out from Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ).
Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has agreed to sell its entire equity interest in a target company for HK$130 million, resulting in the target group no longer being accounted as subsidiaries in the company’s financial results. This disposal is classified as a major transaction under the listing rules and requires shareholder approval, which will be obtained from the controlling shareholder. Post-completion, the company will provide financial assistance, constituting another major transaction.
More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.
YTD Price Performance: 105.88%
Average Trading Volume: 1,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €39.55M
Learn more about 1396 stock on TipRanks’ Stock Analysis page.
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