An update from South China Holdings Company Limited ( (HK:0413) ) is now available.
South China Holdings Company Limited has announced a major and connected transaction involving the disposal of the entire issued share capital of its wholly-owned subsidiaries. The consideration for this transaction was determined through arm’s length negotiations, factoring in the adjusted unaudited net asset values and property valuations of the subsidiaries. This strategic move is expected to impact the company’s financial positioning and may have implications for its stakeholders, as it involves significant adjustments to the net asset values and property valuations of the subsidiaries being disposed of.
More about South China Holdings Company Limited
YTD Price Performance: -21.05%
Average Trading Volume: 678,378
Technical Sentiment Signal: Sell
Current Market Cap: HK$389.5M
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