Zhengwei Group Holdings Company Limited (HK:2147) has released an update.
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Zhengwei Group Holdings Company Limited announced that its plan to place new shares under a general mandate has lapsed due to unmet conditions, effectively terminating all related obligations. The company assured investors that this development will not adversely affect its existing operations or financial health. Shareholders are urged to remain cautious and seek professional advice if uncertain about their investment positions.
For further insights into HK:2147 stock, check out TipRanks’ Stock Analysis page.