Country Garden Services Holdings Co (HK:6098) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Country Garden Services Holdings Co has adjusted the equity transfer agreements regarding the acquisition of a 60% stake in Fujian Dongfei, following Fujian Dongfei’s failure to meet certain financial performance guarantees. As compensation, One Supreme will transfer a 25% stake in Genuine Investment to CG Property Services HK for no cost, increasing the Company’s effective shareholding in Fujian Dongfei to 67.5%.
For further insights into HK:6098 stock, check out TipRanks’ Stock Analysis page.