Shares of Greentown Service Group Co. Ltd. plummeted 5.24% on November 11th, following news that its subsidiary, Greentown Education Investment, agreed to sell a significant stake in Montessori Academy Group Holding.
According to a filing on the Hong Kong Stock Exchange, Greentown Education Investment will sell an 11.64% interest in Montessori Academy Group Holding to Montessori Academy, which is acting as a trustee for the Montessori Academy Trust, for AU$16.2 million. Additionally, Greentown Education Investment agreed to sell its remaining 10.78% shares in Montessori Academy Group Holding back to the latter for AU$15 million.
Upon completion of these inter-conditional disposals, Greentown Education Investment will retain only a 35% equity interest in Montessori Academy Group. Investors appear to be concerned about the potential impact of this divestment on Greentown Service Group's overall financial performance and future growth prospects in the education sector.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。