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Sundy Service Group Temporarily Suspends New Subscription Agreement

Story Highlights
  • Sundy Service Group Co. Ltd has temporarily suspended its New Subscription Agreement.
  • The suspension allows more time for foreign exchange registration, with a new deadline set for 31 December 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sundy Service Group Temporarily Suspends New Subscription Agreement

Elevate Your Investing Strategy:

Sundy Service Group Co. Ltd ( (HK:9608) ) has provided an announcement.

Sundy Service Group Co. Ltd has announced a temporary suspension of its New Subscription Agreement due to the New Subscriber’s inability to fulfill the Conditions Precedent by the initial deadline. The suspension allows the New Subscriber additional time to complete necessary foreign exchange registrations with PRC authorities, with the conditions now extended to be fulfilled by 31 December 2025. This development may impact the company’s operations and stakeholder expectations, as the company will continue to update shareholders and potential investors on further developments.

More about Sundy Service Group Co. Ltd

Average Trading Volume: 1,696,250

Technical Sentiment Signal: Sell

Current Market Cap: HK$361M

See more data about 9608 stock on TipRanks’ Stock Analysis page.

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