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The latest announcement is out from BHCC Holding Ltd. ( (HK:1552) ).
BHCC Holding Limited has announced a delay in the dispatch of a circular related to a Joint Venture (JV) Agreement and a BHCC Capital Commitment. The company, which is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has obtained written approval for the JV Agreement from its controlling shareholder, Huada Developments, thus exempting it from the need to convene a shareholders’ meeting. The delay in the circular’s dispatch is due to the need for more time to finalize certain details, including a valuation report and a statement of indebtedness. The company has sought a waiver from the Stock Exchange to extend the deadline to March 21, 2025.
More about BHCC Holding Ltd.
YTD Price Performance: 51.20%
Average Trading Volume: 511,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$151.2M
For detailed information about 1552 stock, go to TipRanks’ Stock Analysis page.