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Jiu Rong Holdings Announces Major Share Disposal

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Jiu Rong Holdings Announces Major Share Disposal

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Jiu Rong Holdings Limited ( (HK:2358) ) has provided an announcement.

Jiu Rong Holdings Limited has entered into an Equity Transfer Agreement to sell approximately 5.22% of the total issued share capital in a target company for around RMB36,487,800. This transaction is considered a major one under the Listing Rules, requiring shareholder approval and other regulatory consents. Upon completion, Jiu Rong Holdings will no longer hold any interest in the target company, potentially impacting its investment portfolio and strategic direction.

More about Jiu Rong Holdings Limited

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €8.13M

Learn more about 2358 stock on TipRanks’ Stock Analysis page.

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