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Litu Holdings Signs New Framework Agreement for Equity Disposal

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Litu Holdings Limited ( (HK:1008) ) has issued an update.

Litu Holdings Limited announced the signing of a new framework agreement with an independent third-party purchaser for the disposal of its 31% equity interest in Changde Gold Roc Printing Co., Ltd. This agreement follows the termination of a previous agreement and involves further negotiations to finalize the terms of the sale. The disposal is expected to be a notifiable transaction under Hong Kong’s listing rules, which could impact the company’s financial positioning and stakeholder interests.

More about Litu Holdings Limited

Litu Holdings Limited is a company incorporated in the Cayman Islands, operating in the financial sector. It is listed on the Stock Exchange of Hong Kong and engages in various business activities through its subsidiaries.

YTD Price Performance: 32.94%

Average Trading Volume: 1,632,974

Technical Sentiment Signal: Sell

Current Market Cap: HK$354.3M

For detailed information about 1008 stock, go to TipRanks’ Stock Analysis page.

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