Weiye Holdings Limited (HK:1570) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Weiye Holdings Limited has announced the sale of a significant portion of its shares in a subsidiary, with a total of 71.9 million shares being sold to various buyers for approximately S$2.876 million. This transaction will result in the subsidiary no longer being part of Weiye Holdings’ financial statements. The sale was conducted at a price of S$0.04 per share and involves key shareholders, including Zhang Wei.
For further insights into HK:1570 stock, check out TipRanks’ Stock Analysis page.