Guangdong – Hong Kong Greater Bay Area Holdings Ltd. (HK:1396) has released an update.
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Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has announced the sale of its entire interest in a subsidiary for HK$36.0 million to Elegance Rich Global Limited. This transaction will result in the Target Group no longer being part of the company’s consolidated financial statements. The deal, classified as a discloseable transaction under the Listing Rules, highlights strategic moves within the company to realign its financial interests.
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