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Royale Home Holdings Limited ( (HK:1198) ) just unveiled an update.
Royale Home Holdings Limited announced the result of a potential disposal of its equity interest in Dongma through a public tender. Lvshang Technology emerged as the successful bidder with a final bidding price of RMB60.0 million. The company plans to enter a formal agreement with Lvshang Technology to transfer the equity interest and complete necessary registrations. However, no binding agreement has been signed yet, and the disposal may not proceed. Stakeholders are advised to exercise caution when dealing with the company’s shares.
More about Royale Home Holdings Limited
YTD Price Performance: -25.86%
Average Trading Volume: 138,989
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$561.3M
Learn more about 1198 stock on TipRanks’ Stock Analysis page.