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Walnut Capital Addresses Compliance in Major Cryptocurrency Transactions

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Walnut Capital Addresses Compliance in Major Cryptocurrency Transactions

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Walnut Capital Limited ( (HK:0905) ) has provided an announcement.

Walnut Capital Limited has announced that its recent acquisitions and disposals of cryptocurrencies have been classified as major transactions under the Hong Kong Stock Exchange Listing Rules. The company did not fully comply with the disclosure requirements at the time of these transactions, which has led to the need for a special general meeting (SGM) for shareholder approval to rectify this non-compliance. A circular with further details will be sent to shareholders, ensuring transparency and adherence to regulatory standards.

The most recent analyst rating on (HK:0905) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Walnut Capital Limited stock, see the HK:0905 Stock Forecast page.

More about Walnut Capital Limited

Walnut Capital Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating with limited liability. It is involved in the acquisition and disposal of cryptocurrencies, indicating a focus on digital asset transactions.

Average Trading Volume: 1,888,629

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.86B

For a thorough assessment of 0905 stock, go to TipRanks’ Stock Analysis page.

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