, Singapore

Huan Hsin disposes 51% stake in notebook manufacturing JV firm

The deal is worth $1.3m.

SGX-listed Huan Hsin Holdings today revealed that its subsidiary is disposing its 51% stake in Hefei Baolong Hsin Technology Corporation, a joint venture company that is engaged in the manufacturing of notebook casings.

It has entered a sale and purchase agreement with its JV partner, Shenzhen Bitland Information Technology Corporation, for a total consideration of $1,316,372.

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