tiprankstipranks
Trending News
More News >

Hevol Services Group Announces Disposal of 51% Equity in Target Company

Story Highlights
Hevol Services Group Announces Disposal of 51% Equity in Target Company

Confident Investing Starts Here:

Hevol Services Group Co. Limited ( (HK:6093) ) has issued an update.

Hevol Services Group Co. Limited has announced a transaction involving the disposal of a 51% equity interest in a target company for RMB30,500,000. This transaction is classified as a discloseable and connected transaction under the Hong Kong Listing Rules, requiring notification and announcement but exempt from shareholder approval. The sale is expected to be in the interest of the company and its shareholders, with the payment to be made in installments by the purchaser, who is connected to the company through familial ties.

More about Hevol Services Group Co. Limited

Average Trading Volume: 30,745

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$739.2M

Find detailed analytics on 6093 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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