Renaissance Asia Silk Road Group Limited ( (HK:0274) ) has shared an update.
Renaissance Asia Silk Road Group Limited has announced a breach in its Voting Rights Entrustment Agreements with Mr. Wu and Hunan Juji, which affects its control over Hunan Westralian. Despite the breach, the company maintains access to Hunan Westralian’s operations and intends to re-appoint directors to its board, ensuring continued control and consolidation of financial statements under Hong Kong Financial Reporting Standards.
More about Renaissance Asia Silk Road Group Limited
Renaissance Asia Silk Road Group Limited operates in the investment and resource management industry, focusing on strategic partnerships and control over resource-based companies like Hunan Westralian.
YTD Price Performance: -50.0%
Average Trading Volume: 8,824,225
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$33.58M
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