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Royale Home Holdings Limited Announces Disposal of Dongma Equity Interest

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Royale Home Holdings Limited Announces Disposal of Dongma Equity Interest

Elevate Your Investing Strategy:

Royale Home Holdings Limited ( (HK:1198) ) has issued an announcement.

Royale Home Holdings Limited has announced the disposal of a 25% equity interest in Dongma, with Yuyuan Real Estate selling to Lvshang Technology for RMB60.0 million. This transaction is classified as a discloseable transaction under the Listing Rules, requiring specific reporting and announcement obligations. The company acknowledged a delay in compliance due to a change in company secretary but has committed to remedial actions to prevent future non-compliance.

More about Royale Home Holdings Limited

YTD Price Performance: -18.62%

Average Trading Volume: 97,079

Technical Sentiment Signal: Buy

Current Market Cap: HK$613.3M

See more data about 1198 stock on TipRanks’ Stock Analysis page.

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