tiprankstipranks

China Baoli Technologies Delays Circular Dispatch for Rights Issue

Story Highlights
China Baoli Technologies Delays Circular Dispatch for Rights Issue

Don’t Miss TipRanks’ Half-Year Sale

China Baoli Technologies Holdings Ltd. ( (HK:0164) ) just unveiled an update.

China Baoli Technologies Holdings Limited has announced a delay in the dispatch of a circular related to its proposed rights issue and placing of unsubscribed rights shares. The circular, which was initially expected to be dispatched by March 14, 2025, will now be sent by March 28, 2025, due to the need for additional time to finalize the information. Consequently, the timetable for the rights issue and placing has been revised, with key dates for shareholder meetings and related activities adjusted accordingly. This delay may impact the company’s timeline for raising capital through the rights issue, potentially affecting its financial strategy and stakeholder expectations.

More about China Baoli Technologies Holdings Ltd.

China Baoli Technologies Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 164. The company, along with its subsidiaries, is involved in various technological ventures, although specific industry details and primary products or services are not provided in the announcement.

YTD Price Performance: -2.50%

Average Trading Volume: 243,530

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$42.34M

Learn more about 0164 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1