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Litu Holdings Announces Delay in Acquisition Circular Dispatch

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Litu Holdings Announces Delay in Acquisition Circular Dispatch

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The latest update is out from Litu Holdings Limited ( (HK:1008) ).

Litu Holdings Limited has announced a delay in the dispatch of a circular related to an acquisition. The company requires additional time to gather financial information and prepare a valuation report for the properties involved. Consequently, they have applied for a waiver to extend the dispatch deadline to May 30, 2025. This delay may impact the company’s compliance with listing rules and could affect shareholder expectations.

More about Litu Holdings Limited

YTD Price Performance: 35.29%

Average Trading Volume: 1,669,421

Technical Sentiment Signal: Sell

Current Market Cap: HK$360.6M

For a thorough assessment of 1008 stock, go to TipRanks’ Stock Analysis page.

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