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Guangdong – Hong Kong Greater Bay Area Holdings Announces Delay in Circular Dispatch for Major Acquisition

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Guangdong – Hong Kong Greater Bay Area Holdings Announces Delay in Circular Dispatch for Major Acquisition

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Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) has provided an announcement.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. announced a delay in the dispatch of a circular related to a major acquisition transaction and the application for a whitewash waiver. The delay is due to the need for additional time to finalize information, including a property valuation report and to obtain pre-vetting clearance from the Stock Exchange. The new deadline for dispatching the circular is set for on or before September 9, 2025. This extension may impact the company’s transaction timeline and stakeholder expectations.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily engaged in major transactions involving acquisitions and issuance of consideration shares. The company operates within the financial and investment sectors, focusing on strategic acquisitions and transactions that enhance its market position.

Average Trading Volume: 2,926,679

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.39B

For a thorough assessment of 1396 stock, go to TipRanks’ Stock Analysis page.

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