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Xin Yuan Enterprises Group Ltd. ( (HK:1748) ) has issued an update.
Xin Yuan Enterprises Group Ltd. has announced the termination of a Subscription Agreement and a Supplemental Agreement concerning the issuance of new shares under a General Mandate. The termination was mutually agreed upon by the involved parties and is not expected to have a material adverse impact on the company’s operations. Additionally, trading of the company’s shares on the Stock Exchange remains suspended pending the release of inside information.
More about Xin Yuan Enterprises Group Ltd.
YTD Price Performance: 9.32%
Average Trading Volume: 76,235
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$774.4M
Find detailed analytics on 1748 stock on TipRanks’ Stock Analysis page.