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China Huajun Group Limited Updates on Critical Scheme Meeting

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China Huajun Group Limited Updates on Critical Scheme Meeting

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China Huajun Group Limited ( (HK:0377) ) has issued an announcement.

China Huajun Group Limited has announced an update regarding its Scheme of Arrangement amid a winding-up petition. The Scheme Meeting is scheduled for 25 February 2025 to seek approval for the proposed arrangement between the company and its creditors. The outcome of this meeting has significant implications for the company’s financial restructuring efforts. The sanction hearing is set for 3 April 2025, and the success of the scheme is contingent upon various approvals, including from shareholders and regulators.

More about China Huajun Group Limited

YTD Price Performance: -6.25%

Average Trading Volume: 21,146

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$46.16M

See more insights into 0377 stock on TipRanks’ Stock Analysis page.

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