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China NT Pharma Group Announces Despatch of Circular for Loan Capitalization and Share Subscription

Story Highlights
  • China NT Pharma announces a Circular for a connected transaction involving loan capitalization.
  • Subscription completion depends on conditions including Whitewash Waiver approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China NT Pharma Group Announces Despatch of Circular for Loan Capitalization and Share Subscription

An update from China NT Pharma Group Co., Ltd. ( (HK:1011) ) is now available.

China NT Pharma Group Co., Ltd. has announced the despatch of a Circular related to a connected transaction involving loan capitalization and subscription of shares under a specific mandate. This includes an application for a Whitewash Waiver and a notice of an Extraordinary General Meeting (EGM). The completion of the subscription is contingent upon the fulfillment of certain conditions, including the granting of the Whitewash Waiver by the Executive and approval by independent shareholders. Shareholders and investors are advised to exercise caution in dealings.

More about China NT Pharma Group Co., Ltd.

YTD Price Performance: -7.41%

Average Trading Volume: 226,965

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$63.31M

For an in-depth examination of 1011 stock, go to TipRanks’ Stock Analysis page.

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