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Seacon Shipping Delays Dispatch of Major Transaction Circulars

Story Highlights
  • Seacon Shipping operates in the shipping industry with a focus on vessel purchases.
  • The company delayed dispatching circulars due to needing more time for financial statements.
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Seacon Shipping Delays Dispatch of Major Transaction Circulars

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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) has provided an update.

Seacon Shipping Group Holdings Ltd. announced a delay in the dispatch of its circulars related to a major transaction involving the purchase of a vessel and the provision of a loan facility and guarantees. The Stock Exchange granted a waiver allowing an extension for the dispatch of these documents until 28 February 2025. The delay is due to the need for additional time to finalize financial statements and other relevant information, impacting the company’s compliance with listing requirements.

More about Seacon Shipping Group Holdings Ltd.

Seacon Shipping Group Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability and is listed on the Stock Exchange of Hong Kong. It operates in the shipping industry, focusing on the purchase and operation of vessels.

YTD Price Performance: 8.05%

Average Trading Volume: 58,116

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of 2409 stock, go to TipRanks’ Stock Analysis page.

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