Weiye Holdings Sells Major Stake in Subsidiary
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Weiye Holdings Limited (HK:1570) has released an update. Weiye Holdings Limited has announced the sale of a significant portion of its shares in a subsidiary, with a total of 71.9 million shares being sold to various buyers for approximately S$2.876 million. This transaction will result in the subsidiary no longer being part of Weiye Holdings’ financial statements. The sale was conducted at a price of S$0.04 per share and involves key shareholders, including Zhang Wei. For further insights into HK:1570 stock, check out TipRanks’ Stock Analysis page.
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