YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H (HK:1558) has released an update.
YiChang HEC ChangJiang Pharmaceutical Co., Ltd. is actively progressing towards a proposed privatization through a merger with Sunshine Lake Pharma Co., Ltd. Although necessary governmental and regulatory pre-conditions for the merger have yet to be met, the company is preparing filings for the relevant authorities. Shareholders and investors are cautioned to consult professional advisors due to the uncertainty of the merger’s completion.
For further insights into HK:1558 stock, check out TipRanks’ Stock Analysis page.
