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China Castson 81 Finance Profits From Disposal of Grown Up Group Shares
CH CASTSON 81 (00810.HK) sold a total of 41.108 million shares of GROWN UP GROUP (1842.HK), cashing out 39.18 million Hong Kong dollars.
Ge Long Hui, January 22丨CH CASTSON 81 (00810.HK) announced that on May 10, 2023, and May 15, 2023, the company sold a total of 41.108 million shares of GROWN UP GROUP (01842.HK) through the open market, for a total consideration of approximately 39.18 million Hong Kong dollars (excluding stamp tax and related expenses). The total consideration for the sale of GROWN UP GROUP shares will be received in full in Cash / Money Market upon settlement.
GROWN UP GROUP [01842] is currently reported at HKD 0.061, a decline of 11.59%.
As of 15:32, GROWN UP GROUP [01842] reported HKD 0.061, down HKD 0.008 or 11.59% from yesterday's closing price of HKD 0.069, with a transaction volume of HKD 0.1119 million. Today's highest price is HKD 0.07, lowest price is HKD 0.061. Based on yesterday's closing price, the 10-day average price is HKD 0.07 and the 50-day average price is HKD 0.08, with the current PE being 76.67 times and the 14-day strength index at 39.29.
Zhi Hua (01842.HK) transferred the rights to the Cheung Chau NFT-themed park project for 6.5 million yuan, incurring a loss of 0.61 million yuan.
GROWN UP GROUP (01842.HK) announced that its wholly-owned subsidiary, Yuli Gao Development, has entered into an agreement with the successor, Nexus Peak Ventures Limited, to transfer all rights, interests, and obligations under the cooperative framework agreement for the development of Cheung Chau NFT theme park project jointly with the partner CCC, for a price of 6.5 million yuan. The net proceeds of approximately 6.47 million yuan will be used as general working capital, and the company expects the Trade to record a loss of about 0.612 million yuan. According to the cooperative framework agreement established between the company and CCC in December 2022, the contracting parties agreed to collaborate on the development of Cheung Chau.
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