tiprankstipranks
Trending News
More News >

Sunfonda Group Announces Delay in Major Transaction Circular Dispatch

Story Highlights
Sunfonda Group Announces Delay in Major Transaction Circular Dispatch

Confident Investing Starts Here:

The latest update is out from Sunfonda Group Holdings Ltd. ( (HK:1771) ).

Sunfonda Group Holdings Ltd., incorporated in the Cayman Islands, is engaged in a major transaction involving the disposal of a target company. The company has announced a delay in the dispatch of a circular related to this transaction, originally expected within 15 business days following the initial announcement. This delay is due to the need for additional preparation time, and the company has applied for a waiver to extend the dispatch date to on or before May 16, 2025. This postponement may impact shareholders and potential investors awaiting further details.

More about Sunfonda Group Holdings Ltd.

YTD Price Performance: 9.62%

Average Trading Volume: 83,937

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$171M

See more data about 1771 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1