China Southern Airlines Company Limited Class H (HK:1055) has released an update.
China Southern Airlines Company Limited has announced the lapse of resolutions related to proposed share issuances, as the transactions did not occur within the 12-month validity period. Consequently, the A Share Subscription Agreement and the H Share Subscription Agreement have been rendered ineffective, and related transactions will not proceed.
For further insights into HK:1055 stock, check out TipRanks’ Stock Analysis page.