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PAN ASIA ENVIRO (00556) has announced its annual performance, with a profit attributable to Shareholders of 17.249 million yuan, an increase of 1088.77% year-on-year.
PAN ASIA ENVIRO (00556) announced its annual performance for the year ending December 31, 2024, with the group achieving revenue of 2...
PAN ASIA ENVIRO: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
PAN ASIA ENVIRO: POSTPONEMENT OF BOARD MEETING
PAN ASIA ENVIRO (00556.HK) plans to sell 51% equity in its USA subsidiary for 0.45 million USD.
On December 30, Glonghui announced that PAN ASIA ENVIRO (00556.HK) entered into a sale agreement on December 30, 2024, with Perez as the buyer. According to the agreement, the company (as the seller) agrees to sell and Perez agrees to purchase 51% of the equity in the USA subsidiary Turing AI Technologies Group for 0.45 million USD. Due to the business performance of the USA subsidiary not meeting the group's expectations and long-term goals, the group aims to reallocate resources for other Business opportunities, including but not limited to acquiring it.
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