M&A
confidence high
sentiment neutral
materiality 0.35
Vivic Corp subsidiary sells 60% stake in Shenzhen Ocean Way Yacht Services for RMB 1.8M
VIVIC CORP.
- Wholly owned subsidiary sold its 60% ownership in Shenzhen Ocean Way Yacht Services to Yuqing Qiu for RMB 1.8M.
- Agreement signed March 22, 2022; transaction completed May 7, 2022.
- Sale price RMB 1.8 million Yuan (approx. $280k USD).