Nimble Holdings Company (HK:0186) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nimble Holdings Company Limited has announced the conditional sale of a subsidiary’s entire share capital to a purchaser connected to the company’s chairman, for a total consideration of approximately HK$12.95 million. The transaction is classified as a connected transaction under the Listing Rules, subject to reporting requirements but exempt from independent shareholder approval. Shareholders and investors are advised to exercise caution and consult professional advisers as the disposal is contingent on certain conditions and may not proceed to completion.
For further insights into HK:0186 stock, check out TipRanks’ Stock Analysis page.