tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosperity Investment Holdings Announces Subsidiary Liquidation and Share Placing Updates

Story Highlights
Prosperity Investment Holdings Announces Subsidiary Liquidation and Share Placing Updates

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Prosperity Investment Holdings Limited ( (HK:0310) ) just unveiled an update.

Prosperity Investment Holdings Limited has announced the commencement of a very substantial disposal through the voluntary liquidation of its subsidiary, Easy Ace. Deloitte Ltd. has been appointed as the liquidators, and Easy Ace will be de-consolidated from the company’s financial statements. Additionally, the company provided updates on the placing of new shares, which is contingent upon the liquidation process and shareholder approval, among other conditions.

More about Prosperity Investment Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.11M

For an in-depth examination of 0310 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1