Value Convergence Holdings Limited (HK:0821) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
For further insights into HK:0821 stock, check out TipRanks’ Stock Analysis page.