Kunming Dianchi Water Treatment Co., Ltd. Class H (HK:3768) has released an update.
Kunming Dianchi Water Treatment Co., Ltd. has announced that the first judicial auction of approximately 23.86% of its shares held by the controlling shareholder, Kunming Dianchi Investment, has failed without any bids. A second auction is scheduled to take place later in the month. Shareholders and investors are cautioned to be prudent in dealing with the company’s securities amidst this uncertainty.
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