Green Energy Group (HKG:0979) disposed all of its equity interest in Noble Ample to an independent third party concluding its money lending business in Hong Kong, a Monday Hong Kong bourse filing said.
After the completion, the company has ceased to have any interest in Noble Ample and has likewise stepped out of the money-lending business altogether.
The investment holding and renewable energy company plans to allocate its resources to other more profitable segments and projects.
Shares of the company were up over 1% on Tuesday's close.
Price (HKD): $0.35, Change: $+0.0050, Percent Change: +1.45%