tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sanxun Holdings Announces Interim Receiver Appointment Over Controlling Shareholder’s Shares

Story Highlights
  • Sanxun Holdings’ controlling shareholder’s shares are under interim receivership.
  • The appointment is disclosed as inside information under Hong Kong Stock Exchange rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sanxun Holdings Announces Interim Receiver Appointment Over Controlling Shareholder’s Shares

TipRanks Cyber Monday Sale

Sanxun Holdings Group Limited ( (HK:6611) ) has issued an update.

Sanxun Holdings Group Limited, a company incorporated in the Cayman Islands, is involved in a significant development concerning its controlling shareholder. The board of directors announced that an interim receiver has been appointed over the shares of its controlling shareholder, Q Kun Ltd., following a court order from the Eastern Caribbean Supreme Court of the Virgin Islands. This appointment is considered inside information that the company is required to disclose under Hong Kong Stock Exchange rules. The board assures that no other matters regarding this appointment need to be communicated to shareholders.

More about Sanxun Holdings Group Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$31.07M

See more insights into 6611 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1