Tender Process for 60% equity interest in Yuexiu Transport Infrastructure's Stepdown Subsidiary Starts

MT Newswires Live11-04

Yuexiu Transport Infrastructure (HKG:1052) said the formal tender notice submitted by its subsidiary Choice Tone for the disposal of 60% equity interest in Tianjin Jinfu Expressway was published and the formal process of the tender has started, a Sunday Hong Kong bourse filing said.

Choice Tone completed the pre-listing disclosure for the disposal of 60% equity interest in Tianjin Jinfu Expressway and submitted a formal tender notice to GUAEE and GEMAS.

The minimum consideration set for the disposal is 190.8 million yuan.

The company expects the proceeds from the disposal to improve the group's cash flow and increase its net profit.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480868445?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-04 22:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480868445","market":"fut","top_or_hot":-1,"title":"Tender Process for 60% equity interest in Yuexiu Transport Infrastructure's Stepdown Subsidiary Starts","media":"MT Newswires Live","content":"<html><body><p> Yuexiu Transport Infrastructure (HKG:1052) said the formal tender notice submitted by its subsidiary Choice Tone for the disposal of 60% equity interest in Tianjin Jinfu Expressway was published and the formal process of the tender has started, a Sunday Hong Kong bourse filing said.</p><p>Choice Tone completed the pre-listing disclosure for the disposal of 60% equity interest in Tianjin Jinfu Expressway and submitted a formal tender notice to GUAEE and GEMAS.</p><p>The minimum consideration set for the disposal is 190.8 million yuan.</p><p>The company expects the proceeds from the disposal to improve the group's cash flow and increase its net profit.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tender Process for 60% equity interest in Yuexiu Transport Infrastructure's Stepdown Subsidiary Starts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTender Process for 60% equity interest in Yuexiu Transport Infrastructure's Stepdown Subsidiary Starts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yuexiu Transport Infrastructure (HKG:1052) said the formal tender notice submitted by its subsidiary Choice Tone for the disposal of 60% equity interest in Tianjin Jinfu Expressway was published and ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SES.SI","symbol_name":"Shanaya","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2480868445","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480868445","pubTimestamp":1730728958,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Yuexiu Transport Infrastructure  said the formal tender notice submitted by its subsidiary Choice Tone for the disposal of 60% equity interest in Tianjin Jinfu Expressway was published and the formal process of the tender has started, a Sunday Hong Kong bourse filing said.Choice Tone completed the pre-listing disclosure for the disposal of 60% equity interest in Tianjin Jinfu Expressway and submitted a formal tender notice to GUAEE and GEMAS.The minimum consideration set for the disposal is 190.8 million yuan.The company expects the proceeds from the disposal to improve the group's cash flow and increase its net profit.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SES.SI":"Shanaya","BK1185":"公路与铁路","BK1567":"公路及铁路股","01052":"越秀交通基建","BK1507":"粤港澳大湾区"},"translate_title":"越秀交通基建旗下子公司60%股权招标启动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01052":0.9,"SES.SI":0.85},"content_text":"Yuexiu Transport Infrastructure (HKG:1052) said the formal tender notice submitted by its subsidiary Choice Tone for the disposal of 60% equity interest in Tianjin Jinfu Expressway was published and the formal process of the tender has started, a Sunday Hong Kong bourse filing said.Choice Tone completed the pre-listing disclosure for the disposal of 60% equity interest in Tianjin Jinfu Expressway and submitted a formal tender notice to GUAEE and GEMAS.The minimum consideration set for the disposal is 190.8 million yuan.The company expects the proceeds from the disposal to improve the group's cash flow and increase its net profit.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480868445"}