Beijing Energy International Holding ( (HK:0686) ) has issued an update.
Beijing Energy International Holding Co., Ltd. has announced a delay in the dispatch of a circular related to its major acquisition through a scheme of arrangement. The company has amended the Scheme Implementation Agreement, extending the deadlines for obtaining approval from the Australian Foreign Investment Review Board and other conditions. This delay may impact the timeline of the acquisition, and the company advises shareholders and potential investors to exercise caution as the acquisition’s completion remains uncertain.
More about Beijing Energy International Holding
Beijing Energy International Holding Co., Ltd. operates in the energy sector, focusing on renewable energy projects and investments. The company is involved in the development, construction, and operation of solar and wind power plants, aiming to expand its footprint in the clean energy market.
Average Trading Volume: 600
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $271.5M
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