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Shandong Fengxiang Co., Ltd. Class H ( (HK:9977) ) has provided an announcement.
Shandong Fengxiang Co., Ltd. has announced a proposed pre-conditional privatization by merger with Jingyu Enterprise Development, which involves the withdrawal of its H Shares listing. The process is subject to regulatory approvals and the fulfillment of pre-conditions, including a potential share alternative offer for shareholders, but delays in dispatching the necessary documents have been reported.
More about Shandong Fengxiang Co., Ltd. Class H
Shandong Fengxiang Co., Ltd. operates in the food industry, primarily focusing on the production and distribution of poultry products in China. The company is known for its extensive market presence in the domestic poultry sector.
YTD Price Performance: 37.96%
Average Trading Volume: 317,410
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.99B
For an in-depth examination of 9977 stock, go to TipRanks’ Stock Analysis page.