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Zhong Jia Guo Xin Clarifies Rights Issue Details

Story Highlights
  • Zhong Jia Guo Xin Holdings announced a clarification on its proposed rights issue.
  • The company corrected a clerical error regarding the register closure dates for the rights issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhong Jia Guo Xin Clarifies Rights Issue Details

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The latest update is out from Asia Resources Holdings Limited ( (HK:0899) ).

Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, announced a clarification regarding its proposed rights issue. The company will offer two rights shares for every one share held, with specific dates for the closure of its register of members to determine eligibility and entitlements. The clarification addresses a clerical error in the previous announcement, ensuring stakeholders are accurately informed about the rights issue process.

The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.

More about Asia Resources Holdings Limited

Average Trading Volume: 587,162

Technical Sentiment Signal: Sell

Current Market Cap: HK$32.64M

For an in-depth examination of 0899 stock, go to TipRanks’ Overview page.

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