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China Kingstone Mining Holdings Ltd ( (HK:1380) ) has provided an announcement.
China Kingstone Mining Holdings Ltd announced the termination of a connected transaction related to the issuance of new shares under a specific mandate. The decision was made following an agreement between the company and Mr. Chin, resulting in the cancellation of the proposed issuance of Bonus Shares. This move means that the circular to shareholders will not include details about the allotment and issuance of these shares, potentially impacting shareholder expectations and the company’s capital strategy.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Ltd is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the mining industry, focusing on the extraction and processing of stone materials.
Average Trading Volume: 2,249,040
Technical Sentiment Signal: Hold
Current Market Cap: HK$68.54M
Find detailed analytics on 1380 stock on TipRanks’ Stock Analysis page.