Renrui Human Resources Technology Holdings Limited (HK:6919) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Renrui Human Resources Technology Holdings Limited has announced a non-binding letter of intent for the potential sale of its non-wholly owned subsidiary, Shanghai Sirui Information Technology Co., Ltd., to Neusoft Group Co., Ltd. This potential disposal involves a mix of cash and share consideration, but terms are still under negotiation and no definitive agreement has been reached. Investors should remain cautious as the deal may or may not proceed.
For further insights into HK:6919 stock, check out TipRanks’ Stock Analysis page.