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C Cheng Holdings Delays Circular Dispatch for Major Transaction

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C Cheng Holdings Delays Circular Dispatch for Major Transaction

Elevate Your Investing Strategy:

The latest update is out from C Cheng Holdings Ltd. ( (HK:1486) ).

C Cheng Holdings Limited, incorporated in the Cayman Islands, announced a delay in the dispatch of a circular related to a major transaction concerning the exercise of the Right of Use. The company had initially planned to send out the circular by April 30, 2025, but has requested an extension to May 30, 2025, due to the need for additional time to finalize certain information, such as the statement of indebtedness and working capital sufficiency. The Stock Exchange granted this waiver, allowing the company more time to prepare the necessary documentation.

More about C Cheng Holdings Ltd.

YTD Price Performance: -14.29%

Average Trading Volume: 71,416

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$86.48M

See more insights into 1486 stock on TipRanks’ Stock Analysis page.

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