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Greatview Aseptic Advances Second-Stage Probe Key to Lifting Share Trading Suspension

Story Highlights
  • Greatview launched a second-stage probe into past restructuring, disclosures and fund arrangements.
  • Completion of the investigation is crucial to meeting exchange resumption guidance and ending the trading halt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Greatview Aseptic Advances Second-Stage Probe Key to Lifting Share Trading Suspension

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Greatview Aseptic Packaging Company ( (HK:0468) ) has shared an announcement.

Greatview Aseptic Packaging Company has disclosed key findings from a second-stage independent investigation initiated by its special investigation committee, following concerns over a prior restructuring and related disclosures. The new investigation, carried out by a separately appointed investigator, is intended to address unresolved issues including inconsistencies and accuracy of past disclosures about the restructuring, its commercial rationale, and the nature and beneficiaries of a fund subscription and trust arrangement, and is a critical step required by the Hong Kong Stock Exchange’s resumption guidance for lifting the ongoing trading suspension of the company’s shares.

More about Greatview Aseptic Packaging Company

Greatview Aseptic Packaging Company Limited is a Hong Kong-listed manufacturer of aseptic packaging solutions for liquid food and beverage producers. The group operates internationally, supplying carton packages and related services to dairy and non-carbonated soft drink brands, with its shares traded on the Main Board of the Stock Exchange of Hong Kong.

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.52B

Find detailed analytics on 0468 stock on TipRanks’ Stock Analysis page.

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