tiprankstipranks
Trending News
More News >

Xinming China Holdings Faces Further Delay in Rights Issue Prospectus Dispatch

Story Highlights
Xinming China Holdings Faces Further Delay in Rights Issue Prospectus Dispatch

Confident Investing Starts Here:

Xinming China Holdings Limited ( (HK:2699) ) has provided an update.

Xinming China Holdings Limited has announced a further delay in the dispatch of prospectus documents related to its proposed rights issue, which offers four rights shares for every one adjusted share held. The delay is due to additional time needed to complete bank account setup procedures and finalize information for the prospectus, with a revised timetable to be issued soon.

More about Xinming China Holdings Limited

Xinming China Holdings Limited is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on capital reorganization and rights issues. The company is listed on the Hong Kong Stock Exchange under the stock code 2699.

Average Trading Volume: 177,855

Technical Sentiment Signal: Hold

Current Market Cap: HK$133.4M

See more data about 2699 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