On July 9, 2024, the Company announced that it had entered into an agreement with a Korean strategic acquirer under which the Company agreed to sell Galtronics Korea Co., Ltd. ("GTK') and Galtronics Vietnam Company Limited On July 30, 2024, the Company completed the sale of GTK and
recognized a gain on sale of non-current assets of $0.9 million. Subject to receipt of required regulatory approvals, the Company now expects to complete the sale of GTV during the fourth quarter of 2024.
Sale of the Mobile and Network Business
On July 9, 2024, the Company announced that it had entered into an agreement with a Korean strategic acquirer under which the Company agreed to sell Galtronics Korea Co., Ltd. ("GTK') and Galtronics Vietnam Company Limited On July 30, 2024, the Company completed the sale of GTK and
recognized a gain on sale of non-current assets of $0.9 million. Subject to receipt of required regulatory approvals, the Company now expects to complete the sale of GTV during the fourth quarter of 2024.
MD&A?
No, in the PR
https://www.baylintech.com/baylin-announces-strong-q3-2024-financial-results/
Aha, buried in that one. “Non-current”? Was listed under current. Prob doesn’t matter.
Can you please re-asses your numbers given this info. At least the debt structure will improve...
I don’t think that additional info would have changed the overall opinion all that much.
How about DRX please?
Already reviewed their latest.