Brief: Smit Holdings Says Unit To Transfer 51.22% Stake In Smit Xintech
23/09/2022 15:43
Sept 23 (Reuters) - Smit Holdings Ltd 2239.HK :
* UNIT TO CONDITIONALLY TRANSFER AGGREGATE OF ABOUT 51.22%
STAKE
IN SMIT XINTECH
* AGGREGATE CONSIDERATION FOR EQUITY TRANSFERS IS RMB420
MILLION
Further company coverage: 2239.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Smit Holdings
See all newsBrief: Smit Holdings Says Unit To Sell 100% Stake In Shenzhen Giga Design Automation For RMB266.2 Million
Brief: Smit Holdings Posts H1 Revenue Of USD 7.1 Million
Brief: Smit Holdings Expects HY Loss Of Not More Than $16 Million
Brief: Smit Holdings Says Loong, Manfred Man-Tsun Would Retire As President
Brief: SMIT Holdings Sees Loss Of Not More Than $39 Million For 2024