First Steamship Co., Ltd. announced that its subsidiary, First Steamship S.A., plans to dispose of 45,780,000 shares of Grand Ocean Retail Group Limited (5907-KY). The transaction, valued at approximately NT$228.9 million with a minimum price of NT$5 per share, is expected to result in a loss of NT$656.4 million. This strategic move aims to optimize group performance and mitigate ongoing losses from the department store sector through operational adjustment.

FACT BOX

  • Source: PR Times
  • Category: 其他
  • Organizations: First Steamship S.A.