Shenghui Cleanness Announces Change in Substantial Shareholder After Share Disposal
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Shenghui Cleanness Group Holdings Limited (HK:2521) announced a change in its substantial shareholding structure after a share disposal. The selling shareholder now holds about 6.3% and is no longer a substantial shareholder, while the buyer has acquired approximately 19% of the shares, becoming a substantial shareholder. This shift prompts caution for shareholders and potential investors. The latest analyst rating for HK:2521 is a Buy with a price target of HK$0.92, and the current market cap is HK$1.62B.
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