tiprankstipranks
CIMC Enric Shareholding Increased by Controlling Shareholder
Company Announcements

CIMC Enric Shareholding Increased by Controlling Shareholder

Story Highlights

Invest with Confidence:

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.

Related Articles
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

Latest News Feed

More Articles