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CPMC Holdings to Forego 2024 Annual Results Publication Amid Acquisition

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CPMC Holdings to Forego 2024 Annual Results Publication Amid Acquisition

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An announcement from CPMC Holdings Limited ( (HK:0906) ) is now available.

CPMC Holdings Limited has announced that it will not publish its 2024 annual results due to its acquisition by Huarui. With the completion of the compulsory acquisition, CPMC will become wholly owned by Huarui, leading to its delisting from the Hong Kong Stock Exchange. As a result, the company has received a waiver from the stock exchange to forego the publication of its annual results. This decision is justified by the lack of material public interest and the minimal minority shareholder presence, coupled with the suspension of its share trading.

More about CPMC Holdings Limited

CPMC Holdings Limited is a company incorporated in Hong Kong involved in the packaging industry. It focuses on providing packaging solutions and is part of a larger acquisition by Huarui and its concert parties.

YTD Price Performance: 0.58%

Average Trading Volume: 1,125

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €974.7M

Find detailed analytics on 0906 stock on TipRanks’ Stock Analysis page.

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