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Xin Yuan Enterprises Group Extends Long Stop Date for Share Issuance
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Xin Yuan Enterprises Group Extends Long Stop Date for Share Issuance

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Xin Yuan Enterprises Group Ltd. ( (HK:1748) ) has issued an announcement.

Xin Yuan Enterprises Group Limited announced an extension of the Long Stop Date for the issuance of new shares under the General Mandate, moving it from January 31, 2025, to February 20, 2025. Despite this extension, all other terms of the Subscription and Supplemental Agreement remain the same, with completion dependent on the fulfillment of specific conditions. The company advises shareholders and potential investors to exercise caution, as there is no guarantee that the subscription will proceed.

More about Xin Yuan Enterprises Group Ltd.

YTD Price Performance: -13.04%

Average Trading Volume: 94,214

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$616M

Learn more about 1748 stock on TipRanks’ Stock Analysis page.

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