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Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) has shared an update.
Sichuan Energy Investment Development Co., Ltd. announced a further update on the strategic restructuring by its controlling shareholders. The restructuring involves a supplemental agreement to the merger agreement, with capital contributions from SASAC of SPG, Sichuan Development Co., and the Sichuan Provincial Department of Finance to Sichuan Energy Development Group. The restructuring is subject to approval and may result in a general offer obligation if completed, but there is uncertainty about its finalization. Stakeholders are advised to exercise caution when dealing with the company’s securities.
More about Sichuan Energy Investment Development Co., Ltd. Class H
Sichuan Energy Investment Development Co., Ltd. is a joint stock company incorporated in China, primarily involved in the energy sector. The company focuses on energy investment and development projects, operating under the jurisdiction of the People’s Republic of China.
YTD Price Performance: -1.61%
Average Trading Volume: 1,620
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €277.4M
See more data about 1713 stock on TipRanks’ Stock Analysis page.