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China Metal Resources Utilization Ltd. Delays Circular Dispatch and Timetable

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China Metal Resources Utilization Ltd. Delays Circular Dispatch and Timetable

An update from China Metal Resources Utilization Ltd. ( (HK:1636) ) is now available.

China Metal Resources Utilization Ltd. announced a delay in the dispatch of a circular containing important information regarding Subscription Agreements, Share Consolidation, Capital Reduction, and Share Sub-division. This postponement will also affect the expected timetable for these corporate actions, with updates to be provided to shareholders and the Stock Exchange in due course.

More about China Metal Resources Utilization Ltd.

China Metal Resources Utilization Ltd. operates in the metal industry, focusing on the utilization and recycling of metal resources. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -9.52%

Average Trading Volume: 8,547,712

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$425.7M

For a thorough assessment of 1636 stock, go to TipRanks’ Stock Analysis page.

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