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Asia Resources Holdings Limited ( (HK:0899) ) has issued an update.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced a discloseable transaction involving the disposal of its sale shares in certain target companies. The transaction, valued at RMB3 million, will result in these target companies ceasing to be subsidiaries of Zhong Jia Guo Xin Holdings, and their financial results will no longer be consolidated into the company’s financial statements. This move is part of the company’s strategic decision-making, taking into account the target group’s financial performance and market conditions.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
More about Asia Resources Holdings Limited
Average Trading Volume: 476,131
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$33.68M
Learn more about 0899 stock on TipRanks’ Stock Analysis page.