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An announcement from China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) is now available.
China Ruifeng Renewable Energy Holdings Ltd. has announced a further delay in the dispatch of a circular related to several proposed financial and strategic transactions, including the subscription of new shares and convertible bonds, and a possible acquisition. The delay is attributed to the need for more time to finalize the Formal Equity Transfer Agreement, complete necessary audits, and address regulatory requirements. The company has sought an extension for the circular’s dispatch date to 16 July 2025, with trading in its shares currently suspended pending further announcements.
More about China Ruifeng Renewable Energy Holdings Ltd.
China Ruifeng Renewable Energy Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on renewable energy solutions. The company is involved in the subscription of new shares and convertible bonds, as well as potential acquisitions, indicating a strategic focus on expanding its market presence and operational capabilities.
Average Trading Volume: 738,680
Technical Sentiment Signal: Sell
Current Market Cap: HK$823.1M
For an in-depth examination of 0527 stock, go to TipRanks’ Stock Analysis page.