Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Sipai Health Technology Co., Ltd. ( (HK:0314) ) has shared an update.
Sipai Health Technology Co., Ltd. has announced a supplemental disclosure regarding the disposal of its 51% equity interest in four non-wholly owned subsidiaries. The consideration for the disposal was determined through arm’s length negotiations, taking into account the net asset value and historical performance of the target companies, which have experienced a slight decline. The agreed consideration represents a slight discount to a slight premium over the most recent net asset value, and the directors consider it fair and reasonable, serving the interests of the company and its shareholders.
More about Sipai Health Technology Co., Ltd.
Sipai Health Technology Co., Ltd. is a company incorporated in the Cayman Islands, focusing on the health technology industry. The company is involved in managing equity interests in various subsidiaries, indicating a focus on strategic investments within the health sector.
Average Trading Volume: 9,702,998
Technical Sentiment Signal: Hold
Current Market Cap: HK$3.5B
For a thorough assessment of 0314 stock, go to TipRanks’ Stock Analysis page.