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The latest update is out from Seacon Shipping Group Holdings Ltd. ( (HK:2409) ).
Seacon Shipping Group Holdings Ltd., a company incorporated in the Cayman Islands, has announced a major transaction involving the acquisition of a 40% equity interest in a target company for approximately RMB481,914,200. This acquisition includes the provision of a shareholder guarantee to a bank in relation to the target company’s obligations under a loan agreement, amounting to USD40,440,000. The transaction is classified as a major transaction under the Listing Rules, requiring reporting and shareholder approval, which has been satisfied through an irrevocable written approval from the Closely Allied Group.
More about Seacon Shipping Group Holdings Ltd.
Average Trading Volume: 56,000
Technical Sentiment Signal: Hold
See more data about 2409 stock on TipRanks’ Stock Analysis page.