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Trendzon Holdings Group Limited ( (HK:1865) ) has issued an update.
Trendzon Holdings Group Limited has entered into a Sale and Purchase Agreement to dispose of 27% equity interest in a target company for S$8.3 million. This transaction involves a connected person at the subsidiary level and has been approved by the board and independent non-executive directors, confirming that it is fair, reasonable, and in the best interests of the company and its shareholders. The disposal is classified as a major transaction, subject to reporting, announcement, and shareholders’ approval requirements, with an EGM to be convened for approval.
More about Trendzon Holdings Group Limited
YTD Price Performance: 12.00%
Average Trading Volume: 9,708,786
Technical Sentiment Signal: Buy
Current Market Cap: HK$206.3M
Learn more about 1865 stock on TipRanks’ Stock Analysis page.