National Electronics Holdings (HK:0213) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
National Electronics Holdings has announced the sale of Sonic Run Investments Limited, a wholly-owned subsidiary, for £4 million. This transaction, which involves the disposal of the entire issued share capital of the target company, exceeds the 5% threshold set by the Hong Kong Stock Exchange Listing Rules, making it a discloseable transaction. Upon completion, Sonic Run Investments will no longer be part of National Electronics’ consolidated financial statements.
For further insights into HK:0213 stock, check out TipRanks’ Stock Analysis page.