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Guangdong Join-Share Financing Announces Shareholder Agreement Change

Story Highlights
  • Guangdong Join-Share Financing has changed its shareholder structure, increasing GD Re-Guarantee’s stake to 10%.
  • The transaction includes a put option and guaranteed return, impacting company operations and stakeholder relations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guangdong Join-Share Financing Announces Shareholder Agreement Change

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Guangdong Join-Share Financing Guarantee Investment Co., Ltd. Class H ( (HK:1543) ) just unveiled an update.

Guangdong Join-Share Financing Guarantee Investment Co., Ltd. has entered into a Change of Shareholder Agreement, resulting in GD Yuecai transferring its shares to GD Re-Guarantee, increasing GD Re-Guarantee’s stake from 2.5% to 10%. This transaction includes a put option and a guaranteed return for GD Re-Guarantee, making it a substantial shareholder and a connected person of the company. The board has approved these changes, which are subject to reporting and announcement requirements under the Listing Rules, but are exempt from circular and shareholders’ approval requirements.

More about Guangdong Join-Share Financing Guarantee Investment Co., Ltd. Class H

Guangdong Join-Share Financing Guarantee Investment Co., Ltd. is a financial services company based in China, focusing on providing financing guarantees. The company operates in the financial industry, offering services that facilitate access to credit for businesses and individuals, thereby supporting economic growth and development.

Average Trading Volume: 255,318

Technical Sentiment Signal: Sell

Current Market Cap: HK$491.6M

See more data about 1543 stock on TipRanks’ Stock Analysis page.

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