Ri Ying Holdings Ltd. (HK:1741) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Ri Ying Holdings Ltd. has announced the sale of its entire issued share capital of a subsidiary for HK$50,000, marking a significant restructure as the subsidiary will no longer contribute to the company’s financial results. The disposal is classified as a disclosable transaction under the Listing Rules, requiring public disclosure due to the size of the transaction. The deal, finalized after trading hours on September 13, 2024, involves a cash payment immediately upon signing of the sales and purchase agreement.
For further insights into HK:1741 stock, check out TipRanks’ Stock Analysis page.