Kunming Dianchi Water Treatment Co., Ltd. Class H (HK:3768) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kunming Dianchi Water Treatment Co., Ltd. has announced that its controlling shareholder, Kunming Dianchi Investment, is subject to a judicial auction and sale of significant share portions on online auction platforms, which could reduce its holdings from about 64% to 35%. The outcome of these auctions is still uncertain, and the company cautions shareholders and investors to be prudent in their dealings with company securities. The company will provide updates on the proceedings of the judicial auction and sale.
For further insights into HK:3768 stock, check out TipRanks’ Stock Analysis page.