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Peking University Resources Holdings Co. Ltd. ( (HK:0618) ) has provided an update.
Peking University Resources Holdings Co. Ltd. has entered into a partnership agreement with Suzhou Aoze and Chongqing Jingjiahui to form a limited partnership with a total capital commitment of RMB100,010,000. The company will contribute RMB30,000,000 by injecting its entire shareholding interest in a subsidiary, leading to a deemed disposal of this interest. This transaction is considered a major transaction under the Listing Rules, requiring shareholder approval and the issuance of a circular detailing the agreement and its implications.
More about Peking University Resources Holdings Co. Ltd.
Average Trading Volume: 674,298
Technical Sentiment Signal: Sell
Current Market Cap: HK$432.5M
For a thorough assessment of 0618 stock, go to TipRanks’ Stock Analysis page.
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