Enviro-Hub Enters Non-Binding LOI to Sell Subsidiaries; Shares Up 4%
I'm PortAI, I can summarize articles.
Enviro-Hub has signed a non-binding letter of intent to sell its subsidiaries, HLS Environmental and HLS Property, with an enterprise value estimated between SG$45 million and SG$55 million. The potential buyer, involved in non-ferrous products and based in the Asia-Pacific, has board approval to pay a refundable deposit of SG$500,000. Following the announcement, Enviro-Hub's shares rose by 4%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments