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Sichuan Expressway Updates on Acquisition Progress

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Sichuan Expressway Updates on Acquisition Progress

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Sichuan Expressway Co ( (HK:0107) ) has issued an announcement.

Sichuan Expressway Co has announced a delay in the dispatch of its circular regarding a proposed acquisition and connected transaction, which includes an application for a whitewash waiver. The company is still conducting audit and valuation work, and discussing the terms with Shudao Innovation Investment. Completion is dependent on certain conditions, including the waiver approval, and shareholders are advised to exercise caution.

More about Sichuan Expressway Co

YTD Price Performance: -1.59%

Average Trading Volume: 4,500

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.86B

For an in-depth examination of 0107 stock, go to TipRanks’ Stock Analysis page.

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