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The latest update is out from Shenyang Public Utility Holdings Co. Ltd. Class H ( (HK:0747) ).
Shenyang Public Utility Holdings Co. Ltd. announced a discloseable transaction involving the disposal of shares in Chaozhou Rural Commercial Bank. The total consideration for the share disposals is RMB13,500,000, with each share priced at RMB2.50, representing a significant premium over the book value. The transaction is deemed fair and reasonable by the company’s directors, suggesting a positive impact on the company’s financial standing and shareholder interests.
More about Shenyang Public Utility Holdings Co. Ltd. Class H
Shenyang Public Utility Holdings Co. Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates within the financial sector, focusing on investments and holdings in various financial institutions, including banks.
Average Trading Volume: 478,818
Technical Sentiment Signal: Buy
Current Market Cap: HK$86.69M
Find detailed analytics on 0747 stock on TipRanks’ Stock Analysis page.