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China Energy Storage Technology Development Announces Delay in Circular Dispatch

Story Highlights
  • Link-Asia International Medtech Group Ltd. is involved in a major transaction and rights issue.
  • The dispatch of the circular detailing these transactions is delayed, affecting the timetable.
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China Energy Storage Technology Development Announces Delay in Circular Dispatch

Link-Asia International Medtech Group Ltd. ( (HK:1143) ) has shared an update.

Link-Asia International Medtech Group Ltd., now known as China Energy Storage Technology Development Limited, is involved in a major transaction concerning the assignment of distribution rights and a proposed rights issue. The company has announced a further delay in the dispatch of a circular detailing these transactions, which include a change in board lot size and a major rights issue. This delay impacts the expected timetable for these corporate actions, pushing the dispatch date to March 26, 2025, and affecting subsequent shareholder meetings and voting schedules.

More about Link-Asia International Medtech Group Ltd.

YTD Price Performance: 1.56%

Average Trading Volume: 706,541

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$72.89M

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