Huili Resources (Group) Limited (HK:1303) has released an update.
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Huili Resources (Group) Limited has announced a significant transaction involving the sale of 95% equity interest in Hami Jinhua Mineral Resource Exploitation Limited for a total consideration of RMB 94 million, approximately HK$103.4 million. This disclosable transaction, which is subject to fulfillment or waiver of certain conditions, could have notable implications for the company’s shareholders and potential investors. Stakeholders are advised to exercise caution as the completion of the deal is not yet guaranteed.
For further insights into HK:1303 stock, check out TipRanks’ Stock Analysis page.