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An update from Nanfang Communication Holdings Ltd. ( (HK:1617) ) is now available.
Nanfang Communication Holdings Limited has announced a variation to the terms of a very substantial disposal involving Pacific Smart, the Purchaser, and Dongshan Precision. The supplemental agreement confirms the completion date as 30 September 2025, with all conditions to be fulfilled or waived by then. The Purchaser Group will handle reorganization matters and indemnify Pacific Smart for related costs. This move is expected to streamline operations and potentially impact stakeholders by ensuring a smooth transition in the company’s strategic disposal.
More about Nanfang Communication Holdings Ltd.
Average Trading Volume: 8,109,687
Technical Sentiment Signal: Buy
Current Market Cap: HK$204.9M
Find detailed analytics on 1617 stock on TipRanks’ Stock Analysis page.