China Putian Food Holding Ltd. (HK:1699) has released an update.
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China Putian Food Holding Ltd. has announced that the appointment of Receivers for a significant portion of its shares could lead to a mandatory general offer if sold, potentially impacting the company’s control structure. The trading of its shares remains suspended as the company navigates these developments. Investors are advised to exercise caution amidst these uncertainties.
For further insights into HK:1699 stock, check out TipRanks’ Stock Analysis page.