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PuraPharm Announces Lapse of Disposal Agreement

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PuraPharm Announces Lapse of Disposal Agreement

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An announcement from PuraPharm Corp. Ltd. ( (HK:1498) ) is now available.

PuraPharm Corporation Limited, a company listed on the Hong Kong Stock Exchange, announced the lapse of a disposal agreement related to its accounts receivables. The agreement was not completed due to the short timeframe before the receivables matured, leading to a mutual decision between the seller and purchaser to not proceed. The company stated that this lapse will not have a material impact on its financial position or business operations.

More about PuraPharm Corp. Ltd.

Average Trading Volume: 117,268

Technical Sentiment Signal: Sell

Current Market Cap: HK$189.6M

For a thorough assessment of 1498 stock, go to TipRanks’ Stock Analysis page.

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