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Tian Cheng Holdings Clarifies Vessel and Equipment Disposal Transactions

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Tian Cheng Holdings Clarifies Vessel and Equipment Disposal Transactions

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Yue Kan Holdings Limited ( (HK:2110) ) just unveiled an announcement.

Tian Cheng Holdings Limited announced clarification regarding its disposal transactions involving vessels and site equipment. The company detailed the agreements and financial considerations related to the disposals, including the Kat Yue 3 and Kat Yue 6 agreements with Starus Construction. The announcement also highlighted a financial turnaround from a net profit to a net loss for the vessel Kat Sing 3, attributed to impairment.

More about Yue Kan Holdings Limited

Average Trading Volume: 397,341

Technical Sentiment Signal: Hold

Current Market Cap: HK$39M

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