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The latest announcement is out from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ).
Shenzhen Pagoda Industrial (Group) Corporation Limited announced an extension to the completion date for the placing of 279,500,000 new H shares under a general mandate. The extension, agreed upon with the Placing Agent, moves the completion date to October 9, 2025, allowing additional time to fulfill the conditions precedent. This development ensures compliance with the Listing Rules and maintains the terms of the Placing Agreement, advising shareholders and potential investors to exercise caution when dealing in the H shares.
The most recent analyst rating on (HK:2411) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H stock, see the HK:2411 Stock Forecast page.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
Shenzhen Pagoda Industrial (Group) Corporation Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the industrial sector with a focus on placing new H shares under a general mandate.
Average Trading Volume: 7,023,576
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.14B
See more insights into 2411 stock on TipRanks’ Stock Analysis page.