China Chengtong Delays Major Transaction Circular

China Chengtong Development Group Limited (HK:0217) has released an update.

China Chengtong Development Group Limited has announced a delay in dispatching the circular related to its major transaction, a Sale and Leaseback Arrangement, initially disclosed on June 28, 2024. The delay is due to the need for additional time to prepare and finalize the details for inclusion in the circular. The Stock Exchange has granted a waiver for the delay, with a new deadline set for the dispatch on or before August 9, 2024.

For further insights into HK:0217 stock, check out TipRanks’ Stock Analysis page.