Golden Eagle to Transfer 58% Stake in Subsidiary for US$13.339 Million

Corporate Action
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Summary · why it matters

Golden Eagle announced it will transfer its 58% stake in Golden Eagle Hemp Industry Company Limited to Hai Minh Textile Joint Stock Company for US$13.339 million. The proposal was approved at the 12th meeting of the company's 11th board of directors, and management has been authorized to handle the specific matters.

Impact on stocks 1

Others▲ · 1 stocks

Off-coverage companies 2

Golden Eagle (Vietnam) Hemp Industry Company LimitedPrivate± Mixed
Capitalrelevance

The subsidiary's stake is being transferred; impact depends on terms and future prospects.

Hai Minh Textile Joint Stock CompanyPrivate± Mixed
Capitalrelevance

Hai Minh Textile is acquiring a 58% stake; impact depends on acquisition price and strategic fit.

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