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Sipai Health Technology Co., Ltd. ( (HK:0314) ) has shared an announcement.
Sipai Health Technology Co., Ltd., through its wholly-owned subsidiary Sipai Wisdom, has entered into agreements to sell its entire equity interest in four non-wholly owned subsidiaries to Shengyang Yijiachen and Shenyang Hengruisheng for RMB5,899,786. This transaction will result in the Group ceasing to hold any interest in these subsidiaries, which will no longer be included in its consolidated financial statements. The disposal is classified as a discloseable transaction under the Hong Kong Listing Rules, as it involves a percentage ratio of more than 5% but less than 25%, and does not constitute a connected transaction.
More about Sipai Health Technology Co., Ltd.
Average Trading Volume: 6,492,600
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.9B
For a thorough assessment of 0314 stock, go to TipRanks’ Stock Analysis page.