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Ruixin International Holdings Ltd. ( (HK:0724) ) just unveiled an update.
Ruixin International Holdings has announced a further delay in sending a shareholder circular related to previously disclosed subscription arrangements, specific mandate, whitewash waiver and a special deal. The company said more time is needed to finalize information for the document, and regulators are prepared to allow an extension of the despatch deadline to no later than 15 May 2026.
Trading in Ruixin International shares has been suspended since 2 September 2024 and will remain halted until the firm meets resumption guidance from the Hong Kong Stock Exchange. The extended delay to the circular prolongs uncertainty around the proposed transactions and timetable for resuming trading, prompting the board to caution shareholders and potential investors to act prudently.
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, with its shares currently suspended from trading pending fulfilment of regulatory resumption guidance on the exchange.
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.82M
For an in-depth examination of 0724 stock, go to TipRanks’ Overview page.