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Jinyong Investment (01328.HK) Subsidiary Sells Shares in MicroPort and Suncity
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Jinyong Investment (01328.HK) announced that its wholly-owned subsidiary, Redwood, sold 250,000 shares of MicroPort (02556.HK) through on-market transactions on the Hong Kong Stock Exchange yesterday (March 31), for a total consideration of approximately HKD7.897 million, equivalent to about HKD31.591 per share. Including previous sales of MicroPort shares, the group has sold a total of 1.0444 million MicroPort shares through on-market transactions, for a total consideration of approximately HKD56.547 million, which was received in cash upon settlement. Meanwhile, Redwood also sold 215,000 shares of Suncity (03317.HK) through on-market transactions, for a total consideration of approximately HKD43.03 million, equivalent to about HKD200.14 per share. Including previous sales of Suncity shares, the group has sold a total of 529,200 Suncity shares through on-market transactions, for a total consideration of approximately HKD80.686 million. The group expects to recognize a loss of approximately HKD6.113 million from the sale of MicroPort shares and a gain of approximately HKD48.776 million from the sale of Suncity shares. The net proceeds from these sales, approximately HKD56.547 million and HKD80.686 million, are currently intended to be used as general working capital. (ca/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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