YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H (HK:1558) has released an update.
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YiChang HEC ChangJiang Pharmaceutical Co., Ltd. is progressing towards a merger with Sunshine Lake Pharma Co., Ltd., although none of the pre-conditions for the merger have been fulfilled. The Offeror is actively working on necessary filings and internal shareholder approvals, which have been delayed but are expected to be completed by the end of December 2024. This merger, if successful, could have significant implications for investors in the company.
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