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Putian Communication Group Enhances Compliance Amid Subsidiary Equity Disposal

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Putian Communication Group Enhances Compliance Amid Subsidiary Equity Disposal

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An update from Putian Communication Group Limited ( (HK:1720) ) is now available.

Putian Communication Group Limited announced the disposal of a 51% equity interest in a subsidiary. As part of this transaction, the company has implemented remedial measures to enhance compliance with the Hong Kong Listing Rules. These measures include training for employees and directors on notifiable and connected transactions, as well as providing detailed guidelines to strengthen their understanding of compliance obligations.

More about Putian Communication Group Limited

Putian Communication Group Limited is a company incorporated in the Cayman Islands, operating in the communication sector. It focuses on providing communication-related services and products, with a market presence in Hong Kong.

Average Trading Volume: 1,321,084

Technical Sentiment Signal: Buy

Current Market Cap: HK$179.3M

For an in-depth examination of 1720 stock, go to TipRanks’ Overview page.

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