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Kong Sun Holdings to Discuss Strategic Share Disposal at Upcoming EGM

Story Highlights
  • Kong Sun Holdings plans to dispose of shares in Inner Mongolia Hohhot Jingu Rural Commercial Bank.
  • The share disposal aims to realign Kong Sun Holdings’ investment portfolio and market positioning.
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Kong Sun Holdings to Discuss Strategic Share Disposal at Upcoming EGM

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Kong Sun Holdings Limited ( (HK:0295) ) has shared an announcement.

Kong Sun Holdings Limited has announced an extraordinary general meeting to discuss and approve the disposal of 72,600,160 ordinary shares in Inner Mongolia Hohhot Jingu Rural Commercial Bank Limited Company at approximately RMB1.961 per share. This strategic move is intended to realign the company’s investment portfolio and could have significant implications on its financial operations and market positioning.

More about Kong Sun Holdings Limited

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €33.07M

For a thorough assessment of 0295 stock, go to TipRanks’ Stock Analysis page.

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