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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.