Yunnan Water Sells Majority Stake in Subsidiary
Company Announcements

Yunnan Water Sells Majority Stake in Subsidiary

Yunnan Water Investment Co., Limited Class H (HK:6839) has released an update.

Yunnan Water Investment Co., Limited has successfully completed a major transaction involving the sale of their 65% stake in Lizhou Water for approximately RMB 80.59 million. This transaction, which is subject to shareholder approval, means the company will no longer hold any equity interests in Lizhou Water. Shareholder consent will be sought via written approval rather than a general meeting, with a detailed circular to be issued before 16 July 2024.

For further insights into HK:6839 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskYunnan Water Announces Further Delay in Major Transaction Circular
TipRanks HongKong Auto-Generated NewsdeskYunnan Water Posts Sharp Decline in H1 2024 Earnings
TipRanks HongKong Auto-Generated NewsdeskYunnan Water Investment Announces Board Meeting
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