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The latest announcement is out from Skyworth Digital Holdings ( (HK:0751) ).
Skyworth Group Limited, through its subsidiary Shenzhen Chuangwei-RGB, has executed agreements to transfer a total of 30% equity interest in Skyworth Display Technology to various Shenzhen-based companies for a combined consideration of RMB300 million. This transaction, classified as a connected transaction under Hong Kong’s Listing Rules, is part of Skyworth’s strategic move to optimize its business operations and strengthen its relationships with connected parties, potentially impacting its financial structure and stakeholder engagements.
More about Skyworth Digital Holdings
Skyworth Group Limited operates in the technology industry, focusing on the development and manufacturing of digital products and solutions, including display technologies. The company is known for its innovative approaches in the electronics sector, aiming to enhance its market position through strategic transactions and partnerships.
YTD Price Performance: -11.50%
Average Trading Volume: 613
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $788.6M
For detailed information about 0751 stock, go to TipRanks’ Stock Analysis page.
