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KTK's Indian Subsidiary Sells Assets to Dixon Tech's Unit for 1.33 Billion Rupees
KTK Group Co., Ltd. (603680.SH) is planning to sell its KHY Assets and has signed a memorandum to control international trade risks.
KTK Group Co., Ltd. (603680.SH) announced that, considering the company's controlling subsidiary KHY Electronic...
KTK Group (SHSE:603680) Stock Falls 8.9% in Past Week as Five-year Earnings and Shareholder Returns Continue Downward Trend
KTK Group Co., Ltd. (603680.SH) plans to sell 100% of Mingxin Company's equity for 0.4 billion yuan.
On December 29, Gelonghui reported that KTK Group Co., Ltd. (603680.SH) announced that the company's ("Party B") fifth Board of Directors' seventh meeting reviewed and approved the proposal regarding the sale of 100% equity of its subsidiary, agreeing to sell 100% equity of Jiangsu Mingxin Traffic Equipment Co., Ltd. (hereinafter referred to as "Mingxin" or "target company") to Changzhou Heyuan Rail Technology Co., Ltd. (hereinafter referred to as "Changzhou Heyuan" or "Party A"), with the transaction price being RMB 0.4 billion. This transaction involves the company planning to sell 100% equity of the target company based on the overall operational development needs of the company, which complies with public.
KTK Group (SHSE:603680) May Have Issues Allocating Its Capital
KTK Group Co., Ltd.'s (SHSE:603680) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?