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Orient Victory Travel Group Offsets Receivables Through Property Transfer

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Orient Victory Travel Group Offsets Receivables Through Property Transfer

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An update from Orient Victory Travel Group Company Limited ( (HK:0265) ) is now available.

Orient Victory Travel Group Company Limited has entered into an Off-Set Agreement with OVPD, a connected entity, to offset outstanding receivables by accepting property transfers. This transaction, involving approximately RMB6.52 million, is subject to reporting and announcement requirements under Hong Kong’s Listing Rules but is exempt from more stringent requirements due to its size.

More about Orient Victory Travel Group Company Limited

YTD Price Performance: -43.33%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €25.72M

For an in-depth examination of 0265 stock, go to TipRanks’ Stock Analysis page.

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