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China Putian Food Holding Ltd. ( (HK:1699) ) has issued an update.
China Putian Food Holding Limited has filed for judicial review against a decision by the Listing Review Committee (LRC) that could result in the company’s delisting from the Hong Kong Stock Exchange. The company is seeking to overturn the LRC’s decision and has notified the Stock Exchange of its legal actions. While the outcome of the judicial review is uncertain, the company expects the LRC’s decision to be paused until a court ruling is made. Trading in the company’s shares remains suspended, and shareholders are advised to exercise caution.
More about China Putian Food Holding Ltd.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$89.96M
Learn more about 1699 stock on TipRanks’ Stock Analysis page.
