Beijing Energy Acquisition Faces New Delay

Beijing Energy International Holding (HK:0686) has released an update.

Beijing Energy International Holding is facing a delay in its major acquisition as it awaits approval from the Australian Foreign Investment Review Board, pushing the decision to 28 February 2025. The company has updated its Scheme Implementation Agreement to reflect this delay, with the deadline for fulfilling other conditions remaining at 31 May 2025. Shareholders and potential investors are advised to remain cautious as the acquisition may not proceed if conditions are not met.

For further insights into HK:0686 stock, check out TipRanks’ Stock Analysis page.