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 36.28% of its shares could lead to a mandatory takeover offer if the shares are sold to parties acquiring 30% or more of the company’s voting rights. Trading of the company’s shares remains suspended since April 2023, and the company advises caution for investors dealing in its securities.
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