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The latest announcement is out from C&D Newin Paper & Pulp Corporation Limited ( (HK:0731) ).
C&D Newin Paper & Pulp Corporation Limited announced a change in the shareholding structure of its controlling shareholder, HK Paper Sources Co., Limited. This change involved HK Paper Sources acquiring 55% of NCD Investment Holding Limited from Glenfor Investment Holding Limited, resulting in NCD becoming a wholly-owned subsidiary of HK Paper Sources. The acquisition aims to simplify the shareholding structure and is not expected to impact the control and management of the company.
More about C&D Newin Paper & Pulp Corporation Limited
C&D Newin Paper & Pulp Corporation Limited operates in the paper and pulp industry, focusing on the production and distribution of paper products. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 689,948
Technical Sentiment Signal: Sell
Current Market Cap: HK$267.4M
For detailed information about 0731 stock, go to TipRanks’ Stock Analysis page.