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Wisdom Wealth Finalizes Major Asset Sale
Company Announcements

Wisdom Wealth Finalizes Major Asset Sale

Wisdom Wealth Resources Investment Holding Group Limited (HK:0007) has released an update.

Wisdom Wealth Resources Investment Holding Group Limited has made a significant move by agreeing to sell the entire issued share capital of Millhaven Holdings Limited for HK$180 million in cash to an independent third party. This transaction is classified as a very substantial disposal according to the Listing Rules, thus requiring shareholder approval. A Special General Meeting (SGM) is scheduled for shareholders to vote on the agreement, with a detailed circular to be issued by 30 June 2024.

For further insights into HK:0007 stock, check out TipRanks’ Stock Analysis page.

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