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Hope Education Group Co., Ltd. ( (HK:1765) ) has issued an announcement.
Hope Education Group Co., Ltd. has announced a major transaction involving the disposal of its entire equity interest in a target company and its subsidiaries. The transaction, valued at up to RMB650 million, involves an agreement between the vendor, Sichuan Hope Education Industry Group Limited, and the purchaser, Guilin Punuojie Electronic Co., Ltd., with URIT Medical Electronic Co., Ltd. acting as the purchaser’s guarantor. This disposal is classified as a major transaction under the Listing Rules, requiring shareholder approval and other regulatory steps. The outcome of this transaction could significantly impact the company’s financial positioning and strategic focus.
More about Hope Education Group Co., Ltd.
Average Trading Volume: 12,308,982
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.6B
See more insights into 1765 stock on TipRanks’ Stock Analysis page.