Tsaker New Energy Tech Unit Sells 3.76% Stake in Pigment Manufacturer

MT Newswires Live
2024-11-26

Tsaker New Energy Tech's (HKG:1986) unit Tsaker Chemical (Hong Kong) agreed to sell a total of 2,389,432 shares in Hebei Tsaker New Materials Technology to three buyers for nearly 40 million yuan, a Monday Hong Kong bourse filing said.

The shares represent a roughly 3.76% equity interest in the pigment maker and seller. Of the total, Changzhou Xinjin Ruiying Venture Capital, Xingaodi Capital, and Zhongtai Securities will acquire 1.64%, 1.18%, and 0.94% stakes respectively.

A key condition of the sale is tied to Hebei Tsaker New Materials Technology's planned listing on the Beijing Stock Exchange. If the company fails to complete the listing process by Dec. 31, 2027, the buyers have the option to require the seller or a designated third party to repurchase the shares.

Hebei Tsaker New Materials Technology initiated its listing application with the National Equities Exchange and Quotations (NEEQ) in November 2022, seeking to tap the Chinese market for small and medium-sized enterprises.

Shares of the dye and agricultural chemical intermediate manufacturer were up over 2% in recent trade.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10