An announcement from Beijing Energy International Holding ( (HK:0686) ) is now available.
Beijing Energy International Holding Co., Ltd. has announced a delay in the dispatch of a circular related to its major acquisition through a scheme of arrangement, due to additional time needed to finalize certain information. The company has extended the deadline for obtaining approval from the Australian Foreign Investment Review Board to June 30, 2025, while maintaining the original deadline for other conditions. This acquisition is subject to several conditions, and the company advises shareholders and potential investors to exercise caution as the acquisition may not proceed.
More about Beijing Energy International Holding
Beijing Energy International Holding Co., Ltd. operates in the energy sector, focusing on renewable energy projects. The company is involved in the development, investment, and management of solar power plants and other renewable energy assets, primarily targeting markets in Asia and other regions.
Technical Sentiment Signal: Hold
Current Market Cap: $286.3M
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