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The latest update is out from Genor Biopharma Holdings Limited ( (HK:6998) ).
Genor Biopharma Holdings Limited has announced a series of strategic transactions, including a proposed merger and a reverse takeover involving a new listing application. The company is working closely with regulatory bodies to address comments on the circular and is preparing financial information for inclusion. The outcome of these transactions, including the merger and whitewash waiver, remains uncertain and subject to regulatory approval, impacting the company’s future operations and market strategy.
More about Genor Biopharma Holdings Limited
Genor Biopharma Holdings Limited is a company incorporated in the Cayman Islands, operating in the biopharmaceutical industry. It is listed on the Hong Kong Stock Exchange and focuses on substantial acquisitions and mergers to enhance its market positioning.
YTD Price Performance: 168.79%
Average Trading Volume: 1,958,484
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.44B
Learn more about 6998 stock on TipRanks’ Stock Analysis page.