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An update from Yues International Holdings Group Limited ( (HK:1529) ) is now available.
Yues International Holdings Group Limited, a company incorporated in the Cayman Islands, announced a discloseable transaction involving the sale of approximately 30% equity interests in a subsidiary. This transaction, valued at RMB30 million, involves a sale and purchase agreement with an independent third party, Mr. Zeng Xianyong. The disposal is classified as a discloseable transaction under the Listing Rules, requiring an announcement but exempt from shareholder approval. The transaction is structured to ensure the Target Group remains under the control of Yues International Holdings Group Limited, with specific payment terms and restrictions on the purchaser until the consideration is fully settled.
The most recent analyst rating on (HK:1529) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Yues International Holdings Group Limited stock, see the HK:1529 Stock Forecast page.
More about Yues International Holdings Group Limited
Average Trading Volume: 160,963
Technical Sentiment Signal: Hold
Current Market Cap: HK$333.5M
Learn more about 1529 stock on TipRanks’ Stock Analysis page.