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Sunrise Shares Holdings Ltd ( (SG:581) ) has issued an announcement.
Sunrise Shares Holdings Ltd announced the cessation of interest in its subsidiaries, specifically through the sale of Shenzhen Sunrise Development Limited and its subsidiaries to Shenzhen Zhonglin Enterprise Financial Consulting Co., Ltd. The transaction, valued at RMB2,300,000, was based on negotiations considering the subsidiaries’ net asset value and operating status. This strategic move may impact the company’s operational focus and financial structure, potentially affecting its market positioning and stakeholder interests.
More about Sunrise Shares Holdings Ltd
Sunrise Shares Holdings Ltd is a company incorporated in Singapore, operating with its subsidiaries in various sectors. The company is involved in consultancy and management services, with a focus on financial consulting and apartment management through its subsidiaries.
Average Trading Volume: 2,866,593
Technical Sentiment Signal: Sell
Current Market Cap: S$9.15M
For an in-depth examination of 581 stock, go to TipRanks’ Overview page.