China Zhengtong Auto Services Holdings (HK:1728) has released an update.
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China ZhengTong Auto Services Holdings Limited has observed unusual movements in share price and volume and after investigation, has not identified any undisclosed information that could be influencing the market. The company, which previously halted a public tender for the disposal of a subsidiary’s equity interest and related debts due to lack of bids, is considering whether to conduct another public tender amidst current market conditions. Trading of the company’s shares, which was halted on September 30, 2024, is set to resume on October 2, 2024, and shareholders are advised to exercise caution when dealing in the shares.
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