AUTOMATED SYS sold its joint venture i-Sprint for over 35%, realizing USD 24.98 million
AUTOMATED SYS (00771.HK) announced the sale of its 35.42% stake in the associate i-Sprint Holdings, involving the repurchase of 137 million shares for a cash consideration of USD 24.98 million. The estimated repurchase gain is approximately USD 20.6 million. Upon completion, the group will no longer hold any shares in i-Sprint Holdings
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