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SG Holdings Co ( (JP:9143) ) has shared an update.
SG Holdings Co., Ltd. announced the transfer of its equity interest in Shanghai Runbow Logistics & Technology Co., Ltd., a second-tier subsidiary, to Shanghai Globot Intelligent Technology Co., Ltd. This decision aligns with SG Holdings’ strategic vision to improve capital efficiency and focus resources on areas with higher growth potential, following the acquisition of Morrison Express Worldwide Corporation. The transfer is expected to enhance the company’s overall corporate value by reallocating resources to more synergistic and profitable ventures.
The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.
More about SG Holdings Co
SG Holdings Co., Ltd. operates in the logistics industry, providing services such as trade distribution, import and export logistics, warehouse operations, and domestic transportation. The company focuses on optimizing its business portfolio and enhancing capital efficiency, with a market focus that includes both domestic and international logistics operations.
Average Trading Volume: 1,929,615
Technical Sentiment Signal: Buy
Current Market Cap: Yen1086.3B
See more data about 9143 stock on TipRanks’ Stock Analysis page.