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Pan Asia Environmental Protection Group Releases Additional Details on Subsidiary Disposal
Company Announcements

Pan Asia Environmental Protection Group Releases Additional Details on Subsidiary Disposal

Story Highlights
  • Pan Asia Environmental Protection focuses on technology for environmental conservation.
  • The company provided a valuation range of US$150,000 to US$280,000 for the subsidiary disposal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Pan Asia Environmental Protection Group Ltd. ( (HK:0556) ) just unveiled an announcement.

Pan Asia Environmental Protection Group Ltd. announced supplementary details regarding the disposal of its 51% equity interest in Turing AI Technologies Group USA. The company provided specific assumptions related to a profit forecast, including a discount rate of 17.7% and projected growth rates for Filecoin price and rewards. The valuation of the business cooperation agreement is estimated to range between US$150,000 and US$280,000. This announcement provides further transparency to shareholders and stakeholders on the strategic financial implications of the subsidiary’s disposal.

More about Pan Asia Environmental Protection Group Ltd.

Pan Asia Environmental Protection Group Ltd. operates within the environmental protection sector, focusing on technological solutions and services related to environmental conservation and sustainability.

YTD Price Performance: -6.25%

Average Trading Volume: 197,058

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$445.5M

For a thorough assessment of 0556 stock, go to TipRanks’ Stock Analysis page.

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