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An announcement from SMIT Holdings ( (HK:2239) ) is now available.
SMIT Holdings Limited has announced a major transaction involving the sale of a 16% equity interest in its subsidiary, S2C Shanghai, to an investor for RMB211,665,760. This transaction is classified as a major transaction under the Listing Rules and requires shareholders’ approval, which the company plans to obtain through written consent from its major shareholders, Ever Expert and Mr. Huang. The transaction is subject to certain conditions and may not proceed, urging shareholders and potential investors to exercise caution.
The most recent analyst rating on (HK:2239) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SMIT Holdings stock, see the HK:2239 Stock Forecast page.
More about SMIT Holdings
Average Trading Volume: 88,975
Technical Sentiment Signal: Sell
Current Market Cap: HK$315.2M
For an in-depth examination of 2239 stock, go to TipRanks’ Overview page.