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Styland Holdings Announces Major Share Capital Sale

Styland Holdings Announces Major Share Capital Sale

Styland Holdings Limited (HK:0211) has released an update.

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Styland Holdings Limited has announced a major transaction involving the sale of its entire issued share capital of a target company for HK$40 million, to be paid in cash in four instalments. This transaction will result in the target company no longer being a subsidiary of Styland Holdings, which will affect the group’s consolidated financial statements. Shareholders are advised to exercise caution, as the deal is subject to conditions and may not proceed.

For further insights into HK:0211 stock, check out TipRanks’ Stock Analysis page.

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