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Teamsun: Intends to Divest Up to 228,200 Shares of Biren Technology HK on Secondary Market
1 day ago /
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Author：小编
On July 16, Teamsun disclosed that its wholly-owned entity, Hong Kong Teamsun, plans to offload up to 228,200 shares of Biren Technology (09903.HK) currently held in the secondary market. The final transaction price will hinge on prevailing market conditions, with an anticipated deal value of approximately HK$128 million, set against a book cost of HK$43.07 million. This strategic move has already secured the green light from the board of directors and now awaits ratification at the upcoming shareholders' meeting.
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