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Bamboos Health Care Holdings Faces Delay in Transaction Disclosure

Story Highlights
  • Bamboos Health Care Holdings delayed a transaction disclosure due to internal issues.
  • The company breached Listing Rules due to inadequate staff training and handover procedures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bamboos Health Care Holdings Faces Delay in Transaction Disclosure

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The latest update is out from Bamboos Health Care Holdings Ltd ( (HK:2293) ).

Bamboos Health Care Holdings Ltd, a company incorporated in the Cayman Islands, announced a delay in the publication of a discloseable transaction related to the acquisition of shares in SPDR Gold Trust. The delay was due to internal control deficiencies and personnel changes, which resulted in a breach of the Listing Rules. The company failed to ensure proper handover procedures and training for new staff, impacting compliance with the rules regarding the calculation of size tests and transaction aggregation.

More about Bamboos Health Care Holdings Ltd

Average Trading Volume: 168,572

Technical Sentiment Signal: Sell

Current Market Cap: HK$217.3M

See more data about 2293 stock on TipRanks’ Stock Analysis page.

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