Xiwang Property Holdings Co., Ltd. (HK:2088) has released an update.
Xiwang Property Holdings Co., Ltd. has updated shareholders and potential investors that negotiations with potential purchasers for the sale of Charged Shares are ongoing, but no significant progress has been made since a proposal withdrawal in May 2024. The company is still actively seeking new potential purchasers, and no binding agreement has been reached to date. Investors are cautioned to be mindful of the uncertain outcome of these discussions and to consult professionals before trading the company’s securities.
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