tiprankstipranks
China Qinfa Group Secures Unanimous Deal Approval
Company Announcements

China Qinfa Group Secures Unanimous Deal Approval

China Qinfa Group Ltd. (HK:0866) has released an update.

Don't Miss Our Christmas Offers:

China Qinfa Group Limited announced the unanimous approval of a sale and purchase agreement at their Extraordinary General Meeting (EGM) on July 23, 2024. Every vote cast by shareholders was in favor of the resolution, securing the deal involving Qinfa Investment Limited as the vendor and Zhejiang Energy International Limited as the purchaser with the company acting as guarantor. This strategic move is expected to shape the company’s future operations and shareholder value.

For further insights into HK:0866 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App