Dongwu Cement sells magnetic materials business, confirming revenue of 3.85 million yuan
Dongwu Cement (00695.HK) announced the sale of its magnetic materials subsidiary - Dongfang Chengzheng Rare Earth to an independent third party, Jia Yi Holdings, for a cash consideration of HKD 10 million. The expected gain from the sale is approximately HKD 3.85 million
Source: AASTOCKS 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