Putian Communication Group Ltd. Announces Disposal of 51% Equity Interest in Subsidiary

Reuters

Sep 23, 2025

Putian Communication Group Ltd. Announces Disposal of 51% Equity Interest in Subsidiary

Putian Communication Group Ltd. has announced the disposal of a 51% equity interest in one of its subsidiaries. This transaction involves the transfer of a controlling stake in the subsidiary, effectively reducing Putian Communication Group's ownership and influence over the said entity. The decision and its details were initially communicated in announcements dated 21 March and 30 May 2025. The company has also implemented remedial measures to ensure proper evaluation and reporting of such transactions in the future.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Putian Communication Group Ltd. published the original content used to generate this news brief on September 23, 2025, and is solely responsible for the information contained therein.

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.

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Announces Disposal of 51% Equity Interest in Subsidiary","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Putian Communication Group Ltd. Announces Disposal of 51% Equity Interest in Subsidiary\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Putian Communication Group Ltd. has announced the disposal of a 51% equity interest in one of its subsidiaries. This transaction involves the transfer of a controlling stake in the subsidiary, effectively reducing Putian Communication Group's ownership and influence over the said entity. The decision and its details were initially communicated in announcements dated 21 March and 30 May 2025. 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