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PATEO CONNECT Technology (Shanghai) Corporation Class H ( (HK:2889) ) has issued an announcement.
PATEO CONNECT Technology (Shanghai) Corporation announced the disposal of its remaining 0.24% equity interests in a target company for RMB62.44 million, marking the end of its holdings in the entity. This transaction, along with previous disposals, is classified as a discloseable transaction under the Listing Rules, requiring notification and announcement but exempt from circular and shareholders’ approval. The disposal reflects the company’s strategic decision to divest from the target company, potentially impacting its investment portfolio and financial strategy.
More about PATEO CONNECT Technology (Shanghai) Corporation Class H
PATEO CONNECT Technology (Shanghai) Corporation is a joint stock company based in the People’s Republic of China. It operates within the technology sector, focusing on providing innovative connectivity solutions. The company is involved in transactions related to equity interests, indicating its active participation in financial and investment activities.
Average Trading Volume: 152,864
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