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DIT Group Limited Announces Potential Disposal of Subsidiary

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DIT Group Limited Announces Potential Disposal of Subsidiary

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The latest announcement is out from DIT Group Limited ( (HK:0726) ).

DIT Group Limited has announced an Agreement of Intent to potentially sell 100% of its equity interests in Foshan Drawin Intelligent Manufacture Technology Limited to Haiyuan Logistics Co., Ltd. This move is part of a strategic decision to potentially divest from its construction industrialization subsidiary, with the agreement outlining an earnest money deposit and a 35-day exclusivity period for negotiations.

More about DIT Group Limited

DIT Group Limited is a company incorporated in Bermuda with a focus on construction industrialization through its subsidiaries. The company operates primarily in the construction sector, providing innovative manufacturing technologies.

YTD Price Performance: -21.84%

Average Trading Volume: 390,236

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$210.9M

See more data about 0726 stock on TipRanks’ Stock Analysis page.

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