CITIC Resources Holdings (HK:1205) has released an update.
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CITIC Resources Holdings Limited has announced significant progress in its strategic corporate actions, including the approval of the AWC Scheme of Arrangement by AWC shareholders and the court, leading to the suspension of AWC shares from trading. The company has also indicated a potential major acquisition of equity interest in ALCOA, with further details to be disclosed in accordance with the Hong Kong Listing Rules. Shareholders and potential investors are advised to stay tuned for upcoming announcements regarding these developments.
For further insights into HK:1205 stock, check out TipRanks’ Stock Analysis page.