MMG (HK:1208) has released an update.
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MMG Limited has voluntarily halted trading of its shares on The Stock Exchange of Hong Kong Limited from 9:00 a.m. on June 3, 2024, in anticipation of an upcoming announcement concerning a potential fund-raising initiative. The halt is due to the sensitive nature of the information, which may impact the company’s stock. The decision for the trading halt was announced by CEO and Executive Director Cao Liang.
For further insights into HK:1208 stock, check out TipRanks’ Stock Analysis page.