The latest update is out from Concord New Energy Group ( (HK:0182) ).
Concord New Energy Group Limited has announced its intention to pursue a secondary listing on the Singapore Exchange. This move is expected to enhance the company’s presence in the Singaporean market, broaden its shareholder base, and improve the liquidity of its securities. The secondary listing will not involve the issuance of new shares or fundraising, but it is subject to regulatory approvals. The company believes this strategic step will promote its corporate image and provide additional fundraising channels in the future.
More about Concord New Energy Group
Concord New Energy Group Limited is a company incorporated in Bermuda with limited liability, primarily engaged in the renewable energy sector. The company focuses on the development, construction, and operation of wind and solar power projects, aiming to expand its market presence and shareholder base.
YTD Price Performance: 18.75%
Average Trading Volume: 9,066
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $480.2M
Find detailed analytics on 0182 stock on TipRanks’ Stock Analysis page.