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An update from Platt Nera International Limited ( (HK:1949) ) is now available.
Platt Nera International Limited has announced a discloseable transaction involving the disposal of its subsidiaries. On June 10, 2025, the company, through its vendor Globe Fortune, entered into a Sale and Purchase Agreement with an independent third-party purchaser and its guarantor. The agreement involves the sale of the entire issued share capital and all obligations, liabilities, and debts of a target company for a total consideration of HK$12,800,000. This transaction results in the target company ceasing to be an indirectly owned subsidiary of Platt Nera, and its financial results will no longer be consolidated into the group’s accounts. The transaction is subject to reporting and announcement requirements under the Listing Rules, as it constitutes a discloseable transaction with applicable percentage ratios exceeding 5% but less than 25%.
More about Platt Nera International Limited
Average Trading Volume: 1,478,596
Technical Sentiment Signal: Sell
Current Market Cap: HK$56.8M
For a thorough assessment of 1949 stock, go to TipRanks’ Stock Analysis page.