Chasen Holdings to Dispose Majority Stake in Suzhou Promax Communication Technology

MT Newswires

2024-10-28

Chasen Holdings' (SGX:5NV) indirect subsidiary, REI Promax Technologies, entered into a sale and purchase agreement with Wee Teck Wee for the disposal of a 90% stake in Suzhou Promax Communication Technology, according to a filing with the Singapore Exchange on Friday.

The subsidiary incurred a loss of SG$4.2 million in fiscal 2024. The disposal allows the company to limit future losses.

Price (SGD): S$0.10, Change: S$+0.00100, Percent Change: +0.99%

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The disposal allows the company to limit future losses.</p><p>Price (SGD): S$0.10, Change: S$+0.00100, Percent Change: +0.99%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6519","symbol_name":"运输股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2478142408","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478142408","pubTimestamp":1730091492,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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