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Hilong Holding Limited Announces $100 Million Vessel Sale

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Hilong Holding Limited Announces $100 Million Vessel Sale

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Hilong Holding Ltd. ( (HK:1623) ) just unveiled an update.

Hilong Holding Limited has announced the convening of its 2025 third extraordinary general meeting to discuss and approve the sale of a vessel by Hilong Shipping Holding Limited to PT CAKRA BUANA RESOURCES ENERGI TBK for $100 million. This transaction is significant for Hilong Holding Limited as it reflects strategic asset management and could potentially impact its financial standing and stakeholder interests.

More about Hilong Holding Ltd.

Average Trading Volume: 6,576,522

Technical Sentiment Signal: Hold

Current Market Cap: HK$342.7M

Learn more about 1623 stock on TipRanks’ Stock Analysis page.

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