IFE Elevators (002774.SZ) announced that the company intends to transfer the equity of Ife Elevators Australia Pty Ltd. (referred to as "Australia Ife") it holds at market prices to FRANCISCO P. ONDOY, a Filipino citizen. At present, the equity transfer is still in the early stage of contact and negotiation, and no relevant agreements have been signed. After the completion of this transaction, the company's operating model in the Australian market will shift to an agency model, and continue to develop the local market through technical and product support.
Zhong Tong Finance App News, Ife Elevators (002774.SZ) announced that the company intends to transfer 100% of its equity in Ife Elevators Australia Pty Ltd. (referred to as "Ife Australia") at market prices to FRANCISCO P. ONDOY, a Filipino citizen. At present, the equity transfer is still in the early stage of contact and negotiation, and no relevant agreements have been signed. After the completion of this transaction, the company's operating model in the Australian market will shift to an agency model, and continue to develop the local market through technical and product support.
