Value Convergence Sells Virtual Mind Shares in Major Transaction

Value Convergence Holdings Limited (HK:0821) has released an update.

Value Convergence Holdings Limited has announced the disposal of 31,302,000 Virtual Mind shares for approximately HK$6.67 million, marking a significant transaction under Hong Kong’s listing rules. Despite the sale, the company reported an unaudited realized loss of about HK$8.53 million, as the original cost of the shares was higher. The group continues to hold a substantial amount of Virtual Mind shares and convertible bonds.

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