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Net-a-Go Technology to Dispose of Property Leasing Subsidiary

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Net-a-Go Technology to Dispose of Property Leasing Subsidiary

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The latest update is out from Net-a-Go Technology Company Limited ( (HK:1483) ).

Net-a-Go Technology Company Limited announced a discloseable transaction involving the disposal of its wholly-owned subsidiary engaged in the property leasing business. The transaction, valued at RMB71,788,700, will result in the company ceasing to consolidate the financial results of the subsidiary, potentially impacting its financial statements. The disposal is subject to certain conditions and may not proceed, thus stakeholders are advised to exercise caution.

More about Net-a-Go Technology Company Limited

Net-a-Go Technology Company Limited is a diversified entity incorporated in the Cayman Islands with limited liability and listed on the Main Board of the Stock Exchange under the stock code 1483. The company operates in four main segments: environmental maintenance business, property leasing business, trading business, and media and advertising.

YTD Price Performance: -8.33%

Average Trading Volume: 234,823

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$874.5M

For detailed information about 1483 stock, go to TipRanks’ Stock Analysis page.

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