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Asia Resources Holdings Limited ( (HK:0899) ) has shared an announcement.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has provided a supplemental announcement regarding its water mining operations. The company had previously entered into an agreement in 2017 to acquire a majority stake in a target company, with specific production volume guarantees for spring water. The vendor was required to compensate if these targets were not met, but subsequent changes in the shareholder structure have shifted these liabilities to a new minority shareholder. The focus remains on ensuring the production targets are met, impacting future company operations and shareholder interests.
More about Asia Resources Holdings Limited
YTD Price Performance: 13.98%
Average Trading Volume: 1,235,399
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$139.3M
For an in-depth examination of 0899 stock, go to TipRanks’ Stock Analysis page.
