Guomao Holdings (08428) subsidiary plans to sell 100% of Juntian's shares

Zhitongcaijing · 10/14 12:09

According to Zhitong Finance App, Guomao Holdings (08428) announced that on October 14, 2024, the seller (Bide Global Co., Ltd., a wholly-owned subsidiary of the company) plans to sell 100% of the issued share capital of the target company (Juntian Enterprise Co., Ltd.) to the buyer, Mr. Chen Zanle, at a cost of HK$1.

Considering that the target group is no longer active, the director believes that the sale will allow the director to focus more on active restaurant operations and save maintenance costs for inactive companies.