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Shandong Fengxiang Co., Ltd. Class H ( (HK:9977) ) has issued an update.
Shandong Fengxiang Co., Ltd. announced the successful passing of resolutions at their Extraordinary General Meeting and H Share Class Meeting regarding the proposed privatization by Jingyu Enterprise Development (Shandong) Co., Ltd. through a merger by absorption. This development includes the withdrawal of the company’s H Shares from listing, marking a significant shift in its market presence and potentially affecting its stakeholders.
More about Shandong Fengxiang Co., Ltd. Class H
Shandong Fengxiang Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily involved in the food industry. The company focuses on the production and distribution of poultry products, catering to both domestic and international markets.
Average Trading Volume: 225,103
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.1B
Find detailed analytics on 9977 stock on TipRanks’ Stock Analysis page.