tiprankstipranks
Trending News
More News >

China New City Group Reports Delay in Share Buy-Back Circular

China New City Group Reports Delay in Share Buy-Back Circular

China New City Commercial Development Ltd (HK:1321) has released an update.

Confident Investing Starts Here:

China New City Group Limited announced a further delay in the dispatch of a circular regarding its off-market share buy-back, initially expected by 26 August 2024, now potentially postponed until 18 October 2024. The delay is due to the need for additional time to finalize critical financial information. Meanwhile, the firm has confirmed the establishment of an Independent Board Committee and the appointment of Lego Corporate Finance Limited as the Independent Financial Adviser.

For further insights into HK:1321 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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