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The latest update is out from Onward Holdings Co., Ltd. ( (JP:8016) ).
Onward Holdings Co., Ltd. has decided to transfer all shares and receivables of its subsidiaries, Onward Golf Resort Guam, Inc. and Onward Mangilao Guam, Inc., in response to the challenging operating environment of its golf business in Guam, worsened by the COVID-19 pandemic. This strategic decision is part of the company’s global business restructuring efforts to concentrate on more promising business areas and boost its overall corporate value.
More about Onward Holdings Co., Ltd.
Onward Holdings Co., Ltd. is a company operating in the fashion and lifestyle industry, primarily offering clothing and related products. The company focuses on global business restructuring to enhance its corporate value and adapt to changing market conditions.
YTD Price Performance: -2.79%
Average Trading Volume: 563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €493.5M
Learn more about 8016 stock on TipRanks’ Stock Analysis page.
