Feiyang Group (01901.HK) announced a related trade, selling 60% of the equity of its travel consulting services subsidiary - Zhejiang Feijiada Airline Services to Ningbo Zhenhang for a consideration of 22.68 million RMB, which must be returned to the target company as a dividend amount. The estimated loss from the sale is approximately 12 million RMB.
飛揚集團(01901.HK)作價2,268萬人民幣出售附屬60%股權
Feiyang Group (01901.HK) sells a 60% stake in its subsidiary for 22.68 million yuan.
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