YuanShengTai Dairy Farm (HK:1431) has released an update.
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YuanShengTai Dairy Farm Limited has announced a significant transaction involving the sale of its entire equity interest in a subsidiary goat breeding farm for RMB50.2 million in cash. This disposal is classified as a discloseable transaction under the Hong Kong Stock Exchange rules, meaning it exceeds certain percentage ratios but is not large enough to require a shareholder vote. The deal is subject to terms and conditions, and investors are advised to proceed with caution when trading company securities.
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