Glory Sun Land Group Limited (HK:0299) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Glory Sun Land Group Limited has completed substantial disposals, selling a 42.33% equity stake in Shantou Taisheng Technology Limited for approximately RMB975.69 million and transferring entire equity interests in several subsidiaries to YEIG International to settle a substantial corporate bond. These transactions are poised to reshape the company’s financial landscape by reducing debt obligations and streamlining operations.
For further insights into HK:0299 stock, check out TipRanks’ Stock Analysis page.