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Ruixin International Holdings Ltd. ( (HK:0724) ) has provided an announcement.
Ruixin International Holdings has announced a further delay in sending a shareholder circular related to a subscription and settlement deed, subscription agreements for funding arrangements, a specific share issuance mandate, a whitewash waiver, and a special deal. The company, which had already obtained an extension to 15 May 2026, is now seeking consent to push the deadline to no later than 29 May 2026 to finalize information for the document.
Trading in Ruixin International’s shares has been suspended on the Hong Kong Stock Exchange since 2 September 2024 and will remain halted until the company satisfies resumption guidance set by the regulator. The ongoing delay in the circular and continued suspension underline unresolved regulatory and transactional steps, leaving shareholders and potential investors facing prolonged uncertainty and being urged to act cautiously.
More about Ruixin International Holdings Ltd.
Ruixin International Holdings Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 724. The group operates as an investment holding company, though this announcement focuses on its capital structure and regulatory status rather than specific operating segments or markets.
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.82M
For an in-depth examination of 0724 stock, go to TipRanks’ Overview page.