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Synertone Communication Corporation ( (HK:1613) ) has issued an update.
Synertone Communication Corporation has announced the disposal of its subsidiaries through the sale of approximately 66.67% of the issued share capital of the Target Company to Guochuang Financial Limited for HK$2,500,000. This transaction is classified as a discloseable and connected transaction under the Hong Kong Stock Exchange’s Listing Rules, subject to reporting and announcement requirements but exempt from independent shareholders’ approval.
More about Synertone Communication Corporation
Synertone Communication Corporation is a company incorporated in the Cayman Islands, primarily engaged in the communication industry. It operates through various subsidiaries and is listed on the Hong Kong Stock Exchange under the stock code 1613.
Average Trading Volume: 244,160
Technical Sentiment Signal: Sell
Current Market Cap: HK$108.1M
For a thorough assessment of 1613 stock, go to TipRanks’ Stock Analysis page.