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Shui On Land Delays Circular Dispatch for Major Transaction

Story Highlights
  • Shui On Land delays circular dispatch for a major transaction involving capital contribution and equity transfer.
  • The company seeks a waiver to extend the dispatch date due to the need for more time to finalize financial details.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shui On Land Delays Circular Dispatch for Major Transaction

Elevate Your Investing Strategy:

Shui On Land ( (HK:0272) ) has provided an announcement.

Shui On Land Limited announced a delay in the dispatch of a circular related to a major transaction involving a capital contribution increase to a fund and equity transfer of project companies. The company requires additional time to finalize financial information for the circular and has applied for a waiver from the Stock Exchange to extend the dispatch date. This delay may affect stakeholders awaiting detailed information on the transaction’s implications.

More about Shui On Land

Average Trading Volume: 15,852,453

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.25B

See more data about 0272 stock on TipRanks’ Stock Analysis page.

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