tiprankstipranks
Company Announcements

Yeebo Announces Successful Share Disposal in Nantong Jianghai

Story Highlights
Yeebo Announces Successful Share Disposal in Nantong Jianghai

The latest update is out from Yeebo (International Holdings) Limited ( (HK:0259) ).

Yeebo (International Holdings) Limited has announced the successful acquisition of a confirmation opinion from the Shenzhen Stock Exchange regarding the sale of 127,578,590 shares, representing about 15% of Nantong Jianghai’s issued shares, to a purchaser. This transaction reduces Yeebo’s stake in Nantong Jianghai to approximately 13.81%, causing the target company to no longer be an associate of Yeebo’s group, thus potentially impacting its strategic positioning and investment profile.

More about Yeebo (International Holdings) Limited

YTD Price Performance: 1.64%

Average Trading Volume: 189,231

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$2.86B

See more data about 0259 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1