tiprankstipranks
Qidian International Delays Key Acquisition Circular
Company Announcements

Qidian International Delays Key Acquisition Circular

Qidian International Co., Ltd. (HK:1280) has released an update.

Don't Miss Our Christmas Offers:

China Qidian Guofeng Holdings Limited has announced a delay in the despatch of a circular related to a major acquisition involving the issuance of Consideration Shares. The delay is due to the need for additional time to prepare certain information for inclusion in the circular, which is now scheduled to be sent to shareholders by September 20, 2024. The circular is expected to provide details on the acquisition agreement, advice from the Independent Board Committee, and advice from the Independent Financial Adviser.

For further insights into HK:1280 stock, check out TipRanks’ Stock Analysis page.

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