tiprankstipranks
YuanShengTai Dairy Executes Major Equity Disposal
Company Announcements

YuanShengTai Dairy Executes Major Equity Disposal

YuanShengTai Dairy Farm (HK:1431) has released an update.

Don't Miss our Black Friday Offers:

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.

For further insights into HK:1431 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App