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Tian Tu Capital Co., Ltd. Class H ( (HK:1973) ) just unveiled an update.
Tian Tu Capital Co., Ltd. has announced a major transaction involving the disposal of its 45.22% minority interest in Yoplait China. The sale, valued at RMB813,913,043, is part of a Share Purchase Agreement with other sellers and a purchaser. This disposal constitutes a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval. Upon completion, Tian Tu Capital will no longer hold any equity interest in Yoplait China, impacting its financial statements by removing this associate interest.
The most recent analyst rating on (HK:1973) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Tian Tu Capital Co., Ltd. Class H stock, see the HK:1973 Stock Forecast page.
More about Tian Tu Capital Co., Ltd. Class H
Tian Tu Capital Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on investment and capital management. The company engages in various sectors, with a significant interest in Yoplait China, which it holds as an associate measured at fair value.
Average Trading Volume: 279,272
Technical Sentiment Signal: Sell
Current Market Cap: HK$478.2M
For a thorough assessment of 1973 stock, go to TipRanks’ Stock Analysis page.