Sheen Tai Holdings Group Co. Ltd. (HK:1335) has released an update.
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Sheen Tai Holdings Group Co. Ltd. has terminated a previous agreement due to a payment issue and has since entered into a new agreement to sell a subsidiary for RMB21,980,000. This new disposal is classified as a discloseable transaction, impacting the company’s portfolio and attracting attention from investors. The company assures that the termination of the former disposal will not adversely affect its financial standing.
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