Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Guangdong Adway Construction (Group) Holdings Co., Ltd. Class H ( (HK:6189) ) has shared an announcement.
Guangdong Adway Construction (Group) Holdings Co., Ltd. has announced the termination of its proposed issue of new domestic shares and the placing of new H shares due to delays in its debt restructuring process. The company is still undergoing bankruptcy restructuring, and the approval from the Shenzhen Court or creditors is pending, which has led to the temporary halt of share subscriptions and placements. The company plans to continue seeking equity fundraising opportunities and will keep shareholders and potential investors informed of any significant developments.
More about Guangdong Adway Construction (Group) Holdings Co., Ltd. Class H
Guangdong Adway Construction (Group) Holdings Co., Ltd. operates in the construction industry, providing construction services and solutions. The company focuses on domestic and international markets, offering a range of construction-related services.
Average Trading Volume: 107,662
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$26.5M
Learn more about 6189 stock on TipRanks’ Stock Analysis page.