An announcement from Kingkey Intelligence Culture Holdings Limited ( (HK:0550) ) is now available.
Allegro Culture Limited, operating under stock code 550, has announced the disposal of its subsidiaries, Beyond Noble and Smart Path, as part of its strategy to address ongoing audit issues and facilitate the resumption of trading. The company has sold its shares in these subsidiaries to an independent third party, Mr. Lam Kai Pun, for a nominal consideration, which is deemed fair and beneficial for the company and its shareholders. This move is expected to aid in resolving audit complications and improve the company’s trading status.
More about Kingkey Intelligence Culture Holdings Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.24M
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