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CIMC Enric Holdings ( (HK:3899) ) just unveiled an announcement.
CIMC Enric Holdings Limited announced a voluntary increase in shareholding by its controlling shareholder, China International Marine Containers (Group) Co., Ltd. (CIMC). CIMC has purchased an additional 20,000,000 shares, raising its ownership to approximately 70.060% of the company. This move reflects CIMC’s confidence in the company’s future development and its commitment to supporting long-term growth. The company remains compliant with public float requirements, and stakeholders are advised to exercise caution in share dealings.
More about CIMC Enric Holdings
CIMC Enric Holdings Limited is a company incorporated in the Cayman Islands, operating in the industry of marine containers and related services. It is primarily engaged in the manufacturing and sale of transportation equipment, energy, chemical, and liquid food equipment, with a focus on expanding its market presence through strategic shareholding increases.
YTD Price Performance: -1.89%
Average Trading Volume: 6,928
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.82B
Learn more about 3899 stock on TipRanks’ Stock Analysis page.