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Xiwang Property Holdings Ends Offer Period and Continues Trading Suspension

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Xiwang Property Holdings Ends Offer Period and Continues Trading Suspension

Elevate Your Investing Strategy:

Xiwang Property Holdings Co., Ltd. ( (HK:2088) ) just unveiled an announcement.

Xiwang Property Holdings Co., Ltd. has announced the end of its offer period under the Takeovers Code, which has been ongoing since August 2023. The company has not been notified of any legally binding agreements for the sale of its charged shares by the Receivers, indicating that a bona fide offer is not imminent. Consequently, the company will cease publishing monthly updates related to the offer period. Additionally, trading of the company’s shares remains suspended pending the release of an announcement regarding inside information.

More about Xiwang Property Holdings Co., Ltd.

YTD Price Performance: 40.74%

Technical Sentiment Signal: Sell

Current Market Cap: HK$53.53M

Find detailed analytics on 2088 stock on TipRanks’ Stock Analysis page.

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