tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Harmony Auto Revises Terms for Equity Disposal Agreement

Story Highlights
China Harmony Auto Revises Terms for Equity Disposal Agreement

Meet Your ETF AI Analyst

The latest announcement is out from China Harmony Auto Holding Limited ( (HK:3836) ).

China Harmony Auto Holding Limited has entered into a supplemental agreement with EGL and Mr. Feng to amend certain terms of a prior agreement concerning the disposal of a 45% equity interest in a disposal company. The revised terms ensure that both parties maintain their respective equity interests in the disposal company at 55% and 45% through coordinated exercise of conversion rights, preventing any deemed disposal or acquisition.

More about China Harmony Auto Holding Limited

China Harmony Auto Holding Limited is a company incorporated in the Cayman Islands, operating primarily in the automotive industry. The company focuses on the sale and servicing of automobiles, with a market presence in Hong Kong.

Average Trading Volume: 638,844

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.01B

For detailed information about 3836 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1