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China Youran Dairy Group Limited ( (HK:9858) ) just unveiled an update.
China Youran Dairy Group Limited has despatched a circular to shareholders detailing a proposed connected transaction involving the subscription of new shares under a specific mandate and an associated application for a whitewash waiver. The documents include recommendations from independent board committees, advice from an independent financial adviser, a summary property valuation, and notice of an extraordinary general meeting.
The EGM is scheduled for May 22, 2026, in Hohhot, where independent shareholders will vote on resolutions relating to the specific mandate subscription and the whitewash waiver. The company stresses that completion of the subscription remains conditional on regulatory and shareholder approvals, and it urges shareholders and potential investors to exercise caution when dealing in the shares pending the outcome of these processes.
More about China Youran Dairy Group Limited
China Youran Dairy Group Limited is a dairy company based in Hohhot, Inner Mongolia, and listed on the Hong Kong Stock Exchange. The group operates within the dairy industry, focusing on the production and supply of dairy-related products and services to the Chinese market and broader regional consumers and partners.
Average Trading Volume: 20,604,735
Technical Sentiment Signal: Buy
Current Market Cap: HK$16.18B
See more data about 9858 stock on TipRanks’ Stock Analysis page.