(1) Major transaction disposal of a subsidiary and (2) proposed change of company name

Summary by 6ix AI

GOGOX Holdings Limited has announced a major transaction involving the disposal of a subsidiary and a proposed change of the company's name. The company plans to sell its entire share capital of the Target Company for a nominal consideration, which will result in the Target Company no longer being a subsidiary. Additionally, the board proposes to change the Chinese name of the company to better reflect its business focus after the disposal. An extraordinary general meeting will be held for shareholders to approve both the sale and the name change.

Written by 6ix AI from the company’s filing. How 6ix writes summaries