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Sino ICT Holdings Limited ( (HK:0365) ) has issued an update.
Sino ICT Holdings Limited has announced a tripartite agreement involving Suneast Intelligent Shenzhen, Sino IC Commercial Factoring, and Sino IC Commercial Factoring (Tianjin) as part of an internal restructuring. The agreement transfers rights and obligations under a previous factoring agreement to Sino IC Commercial Factoring (Tianjin), ensuring continuity in financial arrangements. This move is seen as beneficial for the company and its shareholders, aligning with normal commercial terms and fair practices.
More about Sino ICT Holdings Limited
Sino ICT Holdings Limited operates in the technology sector, focusing on commercial factoring and finance leasing services. It is involved in technology development and consultancy through its subsidiaries, with a market focus on finance and leasing solutions.
Average Trading Volume: 312,792
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$237.2M
For an in-depth examination of 0365 stock, go to TipRanks’ Stock Analysis page.