BII Railway Announces Further Delay in Circular Dispatch for Cooperation Agreement

BII Railway Transportation Technology Holdings Co., Ltd. ( (HK:1522) ) has provided an announcement.

BII Railway Transportation Technology Holdings Co., Ltd. has announced a further delay in the dispatch of a circular related to a Cooperation Agreement concerning its civil communication business. The circular, which includes recommendations and notices for an Extraordinary General Meeting, was initially expected by March 31, 2025, but has been postponed to April 30, 2025, due to the need for additional time to finalize its contents. This delay may impact the company’s timeline for executing the agreement and could affect stakeholder expectations.

More about BII Railway Transportation Technology Holdings Co., Ltd.

BII Railway Transportation Technology Holdings Co., Ltd. operates in the railway transportation technology industry, focusing on providing advanced communication systems and solutions for civil communication business within the railway sector.

YTD Price Performance: 3.70%

Average Trading Volume: 1,423,818

Technical Sentiment Signal: Sell

Current Market Cap: HK$587.2M

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