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Sinohope Technology Forms Independent Board Committee and Appoints Financial Adviser

Story Highlights
  • Sinohope Technology establishes an Independent Board Committee for subscription evaluation.
  • Gram Capital appointed as adviser; stakeholders urged caution due to conditional subscriptions.
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Sinohope Technology Forms Independent Board Committee and Appoints Financial Adviser

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An announcement from New Huo Technology Holdings Limited ( (HK:1611) ) is now available.

Sinohope Technology Holdings Limited has established an Independent Board Committee to evaluate the fairness and reasonableness of proposed subscription agreements and transactions. Additionally, Gram Capital Limited has been appointed as the Independent Financial Adviser to provide guidance to the committee and shareholders, with a circular expected by 21 July 2025. The completion of these subscriptions is contingent upon certain conditions, and stakeholders are advised to exercise caution.

More about New Huo Technology Holdings Limited

Average Trading Volume: 3,637,264

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.83B

For detailed information about 1611 stock, go to TipRanks’ Stock Analysis page.

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