tiprankstipranks
KNT Holdings Divests Subsidiary for HK$5.5 Million
Company Announcements

KNT Holdings Divests Subsidiary for HK$5.5 Million

KNT Holdings Limited (HK:1025) has released an update.

Don't Miss our Black Friday Offers:

KNT Holdings Limited has announced the sale of a wholly-owned subsidiary for HK$5.5 million, as part of a disclosable transaction that will result in the subsidiary no longer being part of the company’s consolidated financial statements. This transaction is significant enough to meet the Hong Kong Stock Exchange’s reporting requirements for a disclosable transaction, yet it does not exceed the threshold for a major transaction.

For further insights into HK:1025 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App