Zoomlion Heavy Industry Science & Technology Co (HK:1157) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Zoomlion Heavy Industry Science and Technology Co. has announced plans to scrap the proposed spin-off of its subsidiary due to significant market condition changes. The decision, aimed to protect the interests of the company and its investors, is pending shareholder and board approval. Zoomlion is committed to adhering to disclosure obligations and will keep stakeholders informed as they navigate the termination process.
For further insights into HK:1157 stock, check out TipRanks’ Stock Analysis page.
