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First Tractor Co ( (HK:0038) ) just unveiled an announcement.
First Tractor Company Limited announced a change in its company type, approved during the thirty-first meeting of the ninth session of its board of directors. The company will reclassify from a ‘Stock Limited Company (Taiwan, Hong Kong, Macao and Domestic Equity Joint Investment, Listed)’ to a ‘Stock Limited Company (Hong Kong, Macao and Taiwan Investment, Listed)’, in accordance with the Foreign Investment Law of China. This change aligns with regulatory requirements and does not affect the Articles of Association. It will be presented for consideration at the first extraordinary general meeting on 7 February 2025.
More about First Tractor Co
YTD Price Performance: -1.00%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.71B
Learn more about 0038 stock on TipRanks’ Stock Analysis page.
