Hong Kong Aerospace Technology Group Limited (HK:1725) has released an update.
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Hong Kong Aerospace Technology Group Limited has conditionally agreed to sell all issued shares of its subsidiary (the Target Company) to an independent third party for HK$37,387,000. This transaction is classified as a discloseable transaction according to the Listing Rules, requiring reporting and announcement obligations. Shareholders are advised to be cautious as the sale is subject to conditions and may not proceed.
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