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Wan Kei Group Holdings Completes Disposal of Zhongshen Jianye Shares

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Wan Kei Group Holdings Completes Disposal of Zhongshen Jianye Shares

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Wan Kei Group Holdings Limited ( (HK:1718) ) has provided an update.

Wan Kei Group Holdings Limited announced the disposal of 440,000 Zhongshen Jianye shares, representing approximately 0.07% of Zhongshen Jianye’s issued share capital, for a total of HK$662,800. This transaction marks the company’s complete divestment from Zhongshen Jianye, an investment holding company engaged in construction services in the PRC. The disposal is considered a discloseable transaction under Hong Kong’s Listing Rules due to the aggregated percentage ratios of recent disposals exceeding 5% but remaining below 25%.

More about Wan Kei Group Holdings Limited

Wan Kei Group Holdings Limited is a company incorporated in the Cayman Islands with limited liability. The company operates in the financial sector, focusing on investment activities.

Average Trading Volume: 909,587

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$50.86M

See more insights into 1718 stock on TipRanks’ Stock Analysis page.

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