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Sichuan Expressway Co ( (HK:0107) ) has provided an update.
Sichuan Expressway Co. has announced a further delay in the dispatch of its circular related to a proposed acquisition, which is subject to regulatory approval and may significantly impact the company’s market position. The delay is due to ongoing discussions to finalize commercial terms and the preparation of necessary documentation, with a new dispatch deadline set for February 28, 2025. The completion of the acquisition remains uncertain, advising shareholders and investors to remain cautious.
More about Sichuan Expressway Co
Sichuan Expressway Co., based in Chengdu, Sichuan Province, China, operates in the transportation infrastructure industry, providing expressway construction, operation, and management services.
YTD Price Performance: -4.77%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.81B
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