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Sheen Tai Discloses Subsidiary Sale Details

Sheen Tai Discloses Subsidiary Sale Details

Sheen Tai Holdings Group Co. Ltd. (HK:1335) has released an update.

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Sheen Tai Holdings Group Co. Ltd. has issued a supplemental announcement regarding the recent disposal of a subsidiary, revealing the identity of the ultimate beneficial owners of the purchasing entity. The purchaser, a company specializing in software and IT services, is partially owned by Fan Huabing and predominantly by Hong Kong Dasheng International Logistics Investment Management Limited, both of which are independent third parties to the company.

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