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Sino-Ocean Group Holding ( (HK:3377) ) has shared an update.
Sino-Ocean Group Holding Limited has entered into a Disposal Agreement to sell 23% of its equity interests in an associate company for RMB322,304,479.76. This transaction, classified as a discloseable transaction under the Listing Rules, involves strategic financial restructuring and asset reallocation, potentially impacting the company’s financial standing and governance structure within the industry.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong with limited liability, operating under the Hong Kong Companies Ordinance. The company is involved in real estate and property development, focusing on long-term equity investments and strategic asset management.
YTD Price Performance: -25.00%
Average Trading Volume: 108,033
Technical Sentiment Signal: Strong Buy
Current Market Cap: $179.2M
Learn more about 3377 stock on TipRanks’ Stock Analysis page.