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An update from Sundy Service Group Co. Ltd ( (HK:9608) ) is now available.
Sundy Service Group Co. Ltd has announced the redemption of a structured deposit product from China Minsheng Bank, initially subscribed for RMB50 million. The redemption, which generated an unaudited interest income of approximately RMB185,720.55, is classified as a discloseable transaction under the Hong Kong Listing Rules. The proceeds from this redemption will be used as general working capital for the group, and it signifies the company’s strategic financial management to optimize its internal funds.
More about Sundy Service Group Co. Ltd
Sundy Service Group Co. Ltd is an investment holding company and an integrated property management service provider based in Zhejiang province, China. The company offers a variety of property management services, value-added services to non-property owners, community value-added services, and operates other businesses including long-term apartment and hotel businesses.
Average Trading Volume: 2,499,333
Technical Sentiment Signal: Sell
Current Market Cap: HK$445.4M
Learn more about 9608 stock on TipRanks’ Stock Analysis page.
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