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The latest announcement is out from SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ).
SINOPEC Engineering (Group) Co., Ltd. has announced a reduction in its registered capital following the repurchase and cancellation of 20,662,500 H shares. This move decreases the company’s issued shares and aims to preserve creditor rights, allowing creditors to request repayment or guarantees for debts within a specified period.
More about SINOPEC Engineering (Group) Co., Ltd. Class H
SINOPEC Engineering (Group) Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China. It operates in the engineering and construction industry, focusing on providing engineering services, including design, procurement, and construction management, primarily for the petrochemical and oil refining sectors.
YTD Price Performance: -14.20%
Average Trading Volume: 1,861
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.13B
See more data about 2386 stock on TipRanks’ Stock Analysis page.