tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jilin Province Chuncheng Heating Delays Circular Dispatch for Asset Acquisition

Story Highlights
Jilin Province Chuncheng Heating Delays Circular Dispatch for Asset Acquisition

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.

Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has provided an update.

Jilin Province Chuncheng Heating Company Limited announced a delay in the dispatch of a circular related to a major and connected transaction involving the acquisition of assets from its Controlling Shareholder Group. The delay, extending the dispatch date to on or before 25 August 2025, is due to the need for additional time to compile necessary information. This postponement may impact stakeholders by delaying their access to detailed transaction information and recommendations from the Independent Board Committee and Financial Adviser.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates in the heating industry, focusing on providing heating services and related products.

Average Trading Volume: 44,218

Technical Sentiment Signal: Sell

Current Market Cap: HK$630M

See more insights into 1853 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1