China Aoyuan Group Plans Major Share Disposal

China Aoyuan Group (HK:3883) has released an update.

China Aoyuan Group Limited has announced its second extraordinary general meeting of 2024, scheduled for July 10, where shareholders will vote on a major disposal of shares in its Canada-based M2M Project Phase 1. Shareholders are set to approve the agreement involving the sale of 100% of the economic interest in the project, located in Toronto, to Winnet Capital Ltd. Detailed results from the vote will be made publicly available on the company and Hong Kong Exchanges and Clearing Limited websites.

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