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Synertone Announces Valuation Details in Subsidiary Disposal

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Synertone Announces Valuation Details in Subsidiary Disposal

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Synertone Communication Corporation ( (HK:1613) ) has provided an update.

Synertone Communication Corporation has announced a supplementary disclosure regarding the disposal of its subsidiaries, highlighting the valuation of its Right-of-use assets and Property. The valuation, conducted by Jiaxing Changxin Asset Appraisal Limited, utilized the market approach for the Right-of-use assets and the cost approach for the Property, reflecting the current market conditions and the lack of comparable data. The estimated values are approximately RMB10,710,000 for the Right-of-use assets and RMB14,790,000 for the Property, which may impact the company’s financial positioning and stakeholder interests.

More about Synertone Communication Corporation

Synertone Communication Corporation is a company incorporated in the Cayman Islands, operating in the communication industry. It is listed on the Hong Kong Stock Exchange under the stock code 1613.

Average Trading Volume: 323,092

Technical Sentiment Signal: Sell

Current Market Cap: HK$114.4M

For an in-depth examination of 1613 stock, go to TipRanks’ Overview page.

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