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China Huajun Group’s Scheme of Arrangement Sanctioned by High Court

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China Huajun Group’s Scheme of Arrangement Sanctioned by High Court

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China Huajun Group Limited ( (HK:0377) ) just unveiled an update.

China Huajun Group Limited, a company incorporated in Bermuda, announced that the High Court has sanctioned its Scheme of Arrangement without modification. However, the Scheme has not yet become effective as it awaits fulfillment of all conditions precedent. Additionally, the hearing for the winding-up petition has been adjourned to 26 May 2025, with the possibility of being restored to an earlier date. The company advises shareholders and potential investors to exercise caution when dealing in its securities.

More about China Huajun Group Limited

YTD Price Performance: 12.50%

Average Trading Volume: 5,660

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$54.77M

For an in-depth examination of 0377 stock, go to TipRanks’ Stock Analysis page.

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