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Wan Kei Group Sells Zhongshen Jianye Shares in Discloseable Transaction

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Wan Kei Group Sells Zhongshen Jianye Shares in Discloseable Transaction

Elevate Your Investing Strategy:

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

Wan Kei Group Holdings Limited, through its indirect wholly-owned subsidiary, has disposed of 2,040,000 shares of Zhongshen Jianye, an investment holding company engaged in construction services in the PRC, for HK$3,153,520. This transaction, conducted on the open market, is considered a discloseable transaction under Hong Kong’s Listing Rules due to the aggregated percentage ratios exceeding 5% but remaining below 25%. The disposal reduces Wan Kei Group’s holdings in Zhongshen Jianye to 440,000 shares.

More about Wan Kei Group Holdings Limited

Average Trading Volume: 915,464

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$50.86M

Find detailed analytics on 1718 stock on TipRanks’ Stock Analysis page.

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