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Jiu Rong Holdings Limited ( (HK:2358) ) has shared an update.
Jiu Rong Holdings Limited has announced an extraordinary general meeting to discuss the disposal of up to 92,430,000 shares in Sundy Service Group Co. Ltd., a company listed on the Hong Kong Stock Exchange. The resolution seeks approval for these disposals under specific conditions, including price constraints and limits on the total proceeds relative to the company’s market capitalization. This move could potentially impact Jiu Rong Holdings’ financial strategy and market positioning, providing the company with greater flexibility in managing its investment portfolio.
More about Jiu Rong Holdings Limited
YTD Price Performance: -33.33%
Average Trading Volume: 5,305,370
Technical Sentiment Signal: Sell
Current Market Cap: HK$54.72M
For detailed information about 2358 stock, go to TipRanks’ Stock Analysis page.