Beijing Energy International Holding Co., Ltd. (HK:0686) has released an update.
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Beijing Energy International Holding Co., Ltd. has updated stakeholders on a major acquisition delay, announcing a further postponement of a circular regarding the acquisition which is now expected by 15 December 2024. This delay is due to extended time needed for preparing crucial information and awaiting approval from the Australian Foreign Investment Review Board. Investors are reminded to exercise caution when dealing in the company’s securities as the acquisition’s completion is still pending prerequisite conditions.
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