Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Fujing Holdings Company., Limited ( (HK:2497) ).
Fujing Holdings Co., Limited has announced the discovery of two discloseable and connected transactions that were not reported in compliance with the Hong Kong Stock Exchange’s Listing Rules due to an oversight. These transactions involve asset pledges by Fujing Agriculture, a subsidiary, to secure repayment obligations for Oriental Pearl and Litai Building Materials, both connected entities. The company is taking steps to rectify this by seeking shareholder approval and fulfilling necessary compliance requirements. This announcement highlights the company’s commitment to adhering to regulatory standards and maintaining transparency with its stakeholders.
More about Fujing Holdings Company., Limited
Fujing Holdings Co., Limited is a company incorporated in the Cayman Islands, operating within the financial services sector. The company is involved in providing financial assistance and asset pledging services, focusing on transactions with connected entities.
YTD Price Performance: -5.49%
Average Trading Volume: 139,466
Technical Sentiment Signal: Strong Buy
For a thorough assessment of 2497 stock, go to TipRanks’ Stock Analysis page.