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North Mining Shares Co., Ltd. Announces Major Disposal of Subsidiary

Story Highlights
  • North Mining Shares Co., Ltd. plans to sell its entire issued share capital of a target company.
  • The disposal is a very substantial transaction requiring shareholder approval under Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
North Mining Shares Co., Ltd. Announces Major Disposal of Subsidiary

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An update from North Mining Shares Co., Ltd. ( (HK:0433) ) is now available.

North Mining Shares Co., Ltd. has entered into a Sale and Purchase Agreement to dispose of its entire issued share capital of a target company, which will no longer be a subsidiary upon completion. This transaction, classified as a very substantial disposal under Hong Kong’s Listing Rules, requires shareholder approval and may significantly impact the company’s financial statements and market positioning.

The most recent analyst rating on (HK:0433) stock is a Hold with a HK$0.06 price target. To see the full list of analyst forecasts on North Mining Shares Co., Ltd. stock, see the HK:0433 Stock Forecast page.

More about North Mining Shares Co., Ltd.

North Mining Shares Co., Ltd. is a company incorporated in Bermuda with limited liability, operating in the mining sector.

Average Trading Volume: 14,764,154

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.01B

Find detailed analytics on 0433 stock on TipRanks’ Stock Analysis page.

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