Shanghai Zendai Property Ltd. (HK:0755) has released an update.
Shanghai Zendai Property Ltd. has announced a special general meeting on September 11, 2024, to decide on a major asset sale and potential company name change to ‘DevGreat Group Limited’. Shareholders will consider approving the sale of the entire issued share capital of certain subsidiaries and the assignment of related financial accounts. Additionally, the meeting will cover the authorization of directors to finalize these transactions and the potential adoption of a secondary company name in Chinese.
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