tiprankstipranks
Trending News
More News >

China Ruifeng Energy Awaits Key Approvals for Transactions

China Ruifeng Energy Awaits Key Approvals for Transactions

China Ruifeng Renewable Energy Holdings Ltd. (HK:0527) has released an update.

Confident Investing Starts Here:

China Ruifeng Renewable Energy Holdings Ltd. has announced a delay in the completion of its proposed share subscription and convertible bonds due to pending approvals from Hebei Provincial Government authorities. The company is awaiting the execution of a Formal Equity Transfer Agreement and anticipates that the necessary consents might be obtained by the end of November 2024. Investors are advised to stay tuned for further updates on this ongoing transaction.

For further insights into HK:0527 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