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Star Group Asia Limited Announces Subsidiary Disposal

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Star Group Asia Limited Announces Subsidiary Disposal

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Star Group Company Limited ( (HK:1560) ) has shared an announcement.

Star Group Asia Limited, through its subsidiary Star Finance (BVI) Limited, has entered into a sale and purchase agreement to dispose of a subsidiary for HK$14,560,000. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and announcement. The completion of the sale is conditional upon certain terms, and the consideration amount is subject to adjustments based on the net asset value of the target company at completion.

More about Star Group Company Limited

Average Trading Volume: 74,274

Technical Sentiment Signal: Sell

Current Market Cap: HK$86.6M

Find detailed analytics on 1560 stock on TipRanks’ Stock Analysis page.

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