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Jiu Rong Holdings Limited ( (HK:2358) ) has shared an announcement.
Jiu Rong Holdings Limited, incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) where shareholders approved a major transaction mandate for the disposal of listed securities. The company plans to sell up to 92,430,000 shares of Sundy Service Group Co. Ltd. on the open market within a 12-month period, subject to certain conditions including minimum selling price and market capitalization limits. This decision could potentially impact the company’s financial strategy and market positioning.
More about Jiu Rong Holdings Limited
YTD Price Performance: -33.33%
Average Trading Volume: 4,677,959
Technical Sentiment Signal: Sell
Current Market Cap: HK$54.72M
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