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China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ) has issued an announcement.
China Sunshine Paper Holdings Co. Ltd. announced the termination of a repurchase agreement related to a 45% shareholding interest in a target company. This decision follows the target group’s failure to meet a profit guarantee. The termination agreement was reached after evaluating improvements in the target group’s business and financial performance, which led the purchaser to terminate the repurchase agreement and adjust the profit guarantee.
More about China Sunshine Paper Holdings Co. Ltd.
YTD Price Performance: 9.50%
Average Trading Volume: 941,706
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$2.33B
See more insights into 2002 stock on TipRanks’ Stock Analysis page.