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Some Confidence Is Lacking In Weiye Holdings Limited (HKG:1570) As Shares Slide 50%
Eindec Controlling Shareholder to Dispose of 66.76% Stake
Weiye Holdings (01570) plans to sell 66.76% equity of Eindec Group for 2.876 million Singapore dollars.
Weiye Holdings (01570) announced that after the trading session of the Hong Kong Stock Exchange on October 15, 2024, the company...
Weiye Holdings (01570.HK) plans to sell its stake in eindec for 2.876 million Singapore dollars.
On October 16th, Gelunhui, Weiye Holdings (01570.HK) announced that on October 15, 2024, the company had entered into a sale agreement with the relevant buyers. According to the agreement, the company agreed to sell, and the buyers (namely Zhang Wei, Zhuang Xin, and Henan Weiye Huisheng Lifestyle Service Co., Ltd.) agreed to purchase 23.7 million shares of common stock, 16.2 million shares of common stock, and 32 million shares of common stock of the target company, for a total price of approximately 2.876 million Singapore dollars (equivalent to approximately 17.256 million Hong Kong dollars) (holding about 66.76% of the target company's issued and fully paid-up share capital), with a selling price of each.
Weiye Holdings Sells Major Stake in Subsidiary
Express News | Weiye Holdings Ltd - Co Agreed to Sell Ordinary Share in Eindec Corp for Aggregate Consideration S$2.9 Mln
Not Many Are Piling Into Weiye Holdings Limited (HKG:1570) Stock Yet As It Plummets 28%No Data
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