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Yue Kan Holdings Limited ( (HK:2110) ) has issued an update.
Yue Kan Holdings Limited has announced a series of asset disposals involving vessels and site equipment. The company has entered into agreements to sell Kat Yue 3, Kat Yue 6, Kat Sing 3, Kat Sing 6, and site equipment to different purchasers for a total consideration of HK$18,400,000. These transactions are classified as discloseable under the Listing Rules, requiring reporting and announcement due to their percentage ratios. However, the company failed to comply with the notification requirements in a timely manner due to management oversight and unfamiliarity with the Listing Rules, leading to a delay in the necessary disclosures.
More about Yue Kan Holdings Limited
Average Trading Volume: 386,825
Technical Sentiment Signal: Hold
Current Market Cap: HK$39.9M
For an in-depth examination of 2110 stock, go to TipRanks’ Overview page.