Lianlian DigiTech Co., Ltd. Class H (HK:2598) has released an update.
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Lianlian DigiTech Co., Ltd. is moving forward with the disposal of its equity interest in an associate, valuing the transaction at RMB7.5 billion. The company determined this consideration through a market approach, referencing the valuation of comparable companies like Visa and MasterCard. This strategic move is deemed fair and beneficial for both the company and its shareholders.
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