News: Debt-laden AGILE GROUP sells subsidiary to reduce debt

BambooWorks
2026.03.09 06:05
portai
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AGILE GROUP Holdings Limited announced that it has reached a letter of intent agreement with Yifeng Huachuang to sell the operating fixed assets of its subsidiary, New Tao Environmental Protection, in order to reduce debt. This sale will optimize asset allocation, enhance cash flow, and help mitigate debt risks. AGILE's stock price opened at HKD 0.275 on Friday, down 60% over the past year