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An update from Jinchuan Group International Resources Co. Ltd ( (HK:2362) ) is now available.
Jinchuan Group International Resources has appointed Red Sun Capital Limited as independent financial adviser to its Independent Board Committee in connection with a takeover offer from Alternative Liquidity Index, LP. Red Sun, licensed in Hong Kong for securities dealing and corporate finance advisory, will opine on whether the offer is fair and reasonable and on the merits of acceptance for shareholders.
The company said the adviser’s views and the committee’s recommendation will be set out in a response document to be issued under the Takeovers Code. Trading in Jinchuan Group International Resources shares has been suspended since 28 March 2025 and will remain halted until further notice, and shareholders and potential investors are urged to exercise caution regarding the company’s securities.
More about Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd is a Hong Kong‑listed company incorporated in the Cayman Islands, with its shares traded on the Stock Exchange of Hong Kong under stock code 2362. The group operates in the resources sector, and its board comprises executive, non‑executive and independent non‑executive directors overseeing the company’s governance and strategic decisions.
Technical Sentiment Signal: Hold
Current Market Cap: HK$8.4B
See more data about 2362 stock on TipRanks’ Stock Analysis page.