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The latest announcement is out from Ta Yang Group Holdings Limited ( (HK:1991) ).
Ta Yang Group Holdings Limited has announced the disposal of its subsidiary, with WTS 2020 Limited selling 60% of the issued share capital of the Target Company to New Vision International Ltd for £313,415. This transaction means the Target Company will no longer be part of Ta Yang Group’s consolidated financial statements. The disposal was classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement but not shareholder approval. The company acknowledged an error in the timely disclosure of this transaction due to a miscalculation, which was later corrected after queries from the Stock Exchange.
The most recent analyst rating on (HK:1991) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Ta Yang Group Holdings Limited stock, see the HK:1991 Stock Forecast page.
More about Ta Yang Group Holdings Limited
Average Trading Volume: 625,689
Technical Sentiment Signal: Buy
Current Market Cap: HK$233.9M
For detailed information about 1991 stock, go to TipRanks’ Stock Analysis page.