Xiwang Property Holdings Co., Ltd. (HK:2088) has released an update.
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Xiwang Property Holdings Company Limited has provided an update on the ongoing negotiations between the Receivers and potential third-party purchasers, stating that no formal agreement has been reached. The company is still exploring other potential buyers and will continue to make monthly updates in compliance with the Takeovers Code. Shareholders and potential investors are cautioned to seek professional advice before trading the company’s securities due to the uncertainty of the transaction’s outcome.
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