Asia
Hangjin Technology Directors Approve Subsidiary's Stake Sale Through Public Listing
Hangjin Technology (SHE:000818) directors approved subsidiary Weike Electronic Modules (Shenzhen)'s sale of its 51% stake in Shenzhen Zhongdian Huaxing Electronic Technology through a public listing on the Wuhan Optics Valley United Property Exchange.The final price and transaction party are still not certain, according to a Friday disclosure to the Shenzhen Stock Exchange.Upon completion, Zhongdian Huaxing Electronic Technology's financial statements will no longer be consolidated into Hangjin's.
SHE:000818
