Sunrise Shares Holdings Ltd Updates Share Sale Agreement with Shenzhen Zhonglin
Sunrise Shares Holdings Ltd (SG:581) has announced a supplemental agreement with Shenzhen Zhonglin regarding the sale of its subsidiary, Shenzhen Sunrise Development Limited. The agreement modifies the final payment terms of a transaction valued at RMB2,300,000, part of Sunrise's strategic realignment aimed at enhancing market presence in Shenzhen and improving liquidity. The company, based in Singapore, operates in financial consulting, focusing on market opportunities in Shenzhen, China. Current market cap is S$10.62M with an average trading volume of 3,023,343.
Sunrise Shares Holdings Ltd ( (SG:581) ) has issued an announcement.
Sunrise Shares Holdings Ltd announced a supplemental agreement with Shenzhen Zhonglin regarding the sale of its subsidiary, Shenzhen Sunrise Development Limited, and its subsidiaries. The agreement amends the terms of the final payment for the sale, which is part of a larger transaction valued at RMB2,300,000. This move is part of Sunrise’s strategic realignment, potentially impacting its market presence in Shenzhen and providing liquidity to the company.
More about Sunrise Shares Holdings Ltd
Sunrise Shares Holdings Ltd, incorporated in Singapore, operates in the financial consulting industry. The company, along with its subsidiaries, provides consultancy and management services, focusing on market opportunities in Shenzhen, China.
Average Trading Volume: 3,023,343
Technical Sentiment Signal: Buy
Current Market Cap: S$10.62M
For an in-depth examination of 581 stock, go to TipRanks’ Overview page.
