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The latest update is out from Beijing Energy International Holding ( (HK:0686) ).
Beijing Energy International Holding Co., Ltd. has announced a significant update regarding its acquisition process, which involves a scheme of arrangement. The company has entered into a seventh amendment and restatement agreement to extend the sunset date for obtaining approval from the Australian Foreign Investment Review Board to 28 November 2025, and for other conditions to 27 February 2026. This extension is necessary as the company awaits a decision from the board. The delay in dispatching the related circular to shareholders has also been announced, with the new expected date set on or before 28 November 2025. The company will continue to provide updates as the acquisition progresses.
The most recent analyst rating on (HK:0686) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Energy International Holding stock, see the HK:0686 Stock Forecast page.
More about Beijing Energy International Holding
YTD Price Performance: 39.28%
Average Trading Volume: 812,684
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.82B
See more data about 0686 stock on TipRanks’ Stock Analysis page.