First Tractor (HKG:0038) provided an update on a previously announced material asset disposal of its subsidiary, YTO Diesel Engine, saying it has not solicited any intending transferee for the 0.8827% interest it holds in Zhongyuan Bank, a Tuesday filing with the Hong Kong Exchange said.
The public listing for the transfer on the Beijing Equity Exchange was made on Dec. 28, 2023.
The company's shares were up 5% on Wednesday's close.
Price (HKD): $6.70, Change: $+0.32, Percent Change: +5.02%
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