The latest update is out from Yan Tat Group Holdings Limited ( (HK:1480) ).
Yan Tat Group Holdings Limited announced a delay in dispatching a circular related to a major property acquisition. The company has applied for a waiver from the Hong Kong Stock Exchange to extend the deadline for providing shareholders with detailed information about the transaction. The delay is due to the need for additional time to prepare and finalize financial details and complete the vetting process. The acquisition’s completion is contingent upon meeting certain conditions, and the agreement may be terminated under specific circumstances, prompting shareholders and investors to exercise caution.
More about Yan Tat Group Holdings Limited
Yan Tat Group Holdings Limited is a company incorporated in the Cayman Islands, operating within the electronics industry. It is primarily engaged in the acquisition and management of property assets, with a focus on expanding its portfolio through strategic transactions.
YTD Price Performance: 7.84%
Average Trading Volume: 71,550
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$264M
For detailed information about 1480 stock, go to TipRanks’ Stock Analysis page.