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The latest update is out from Xinyang Maojian Group ( (HK:0362) ).
China Zenith Chemical Group Limited has announced a delay in the completion of the placing of new shares under a specific mandate. Although all conditions of the Placing Agreement were met by the Long Stop Date, additional time is required by the Placing Agent or Placee(s) for fund transfer. Consequently, the company extended the completion date to on or before 24 January 2025. This delay may affect the company’s financial operations and stakeholder expectations.
More about Xinyang Maojian Group
YTD Price Performance: -3.75%
Average Trading Volume: 9,571,227
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$104.1M
For an in-depth examination of 0362 stock, go to TipRanks’ Stock Analysis page.