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The latest update is out from COSCO SHIPPING Energy Transportation Co ( (HK:1138) ).
COSCO SHIPPING Energy Transportation Co., Ltd. announced a delay in the dispatch of a circular related to the issuance of A shares, a subscription, and shipbuilding contracts, initially expected by February 28, 2025. The delay, now extended to March 31, 2025, is due to the need for additional time to finalize the circular and related financial advice, which may impact shareholder expectations and the company’s strategic initiatives.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. is a joint stock limited company incorporated in China, operating in the energy transportation industry. The company focuses on the shipping and transport of energy resources, playing a significant role in the global shipping market.
YTD Price Performance: 7.34%
Average Trading Volume: 1,351
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.54B
Learn more about 1138 stock on TipRanks’ Stock Analysis page.
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