tiprankstipranks
Glorious Sun Enterprises’ Major Share Disposal
Company Announcements

Glorious Sun Enterprises’ Major Share Disposal

Glorious Sun Enterprises Limited (HK:0393) has released an update.

Pick the best stocks and maximize your portfolio:

Glorious Sun Enterprises Limited has announced the sale of 33 million shares in China Construction Bank for HK$200.3 million. This major transaction, executed on the open market, results in a fair value gain of approximately HK$39.4 million, with proceeds intended for general working capital. The sale, approved by the company’s shareholders, underscores Glorious Sun’s strategic financial management.

For further insights into HK:0393 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskGlorious Sun’s Major ICBC Share Disposal Strategy
TipRanks HongKong Auto-Generated NewsdeskGlorious Sun Sells ICBC Shares for HK$159 Million
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App