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Ka Shui Sells Stake in Subsidiary Amid Strategic Shift

Ka Shui Sells Stake in Subsidiary Amid Strategic Shift

Ka Shui International Holdings Limited (HK:0822) has released an update.

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Ka Shui International Holdings Limited announced the sale of a 40% equity interest in a subsidiary for RMB10 million. This move is part of a strategy to manage assets efficiently, despite the subsidiary’s previous financial losses. The transaction, subject to regulatory requirements, will alter the ownership structure of the subsidiary.

For further insights into HK:0822 stock, check out TipRanks’ Stock Analysis page.

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