Cinda International Holdings Limited (HK:0111) has released an update.
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Cinda International Holdings Limited has initiated a public tender process for the potential sale of two of its subsidiaries, with each subsidiary’s equity interest set for disposal at 50%. The transactions, which involve Cinda International Shanghai and Cinda Lingxian, are significant enough that they may be classified as a major transaction and a discloseable transaction, respectively, under the Listing Rules. Shareholders and potential investors are cautioned to be prudent with their share dealings as the disposals are not yet guaranteed.
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