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China International Development Corporation’s Placing Agreement Lapses

Story Highlights
  • The Placing Agreement lapsed due to unmet conditions by the closing date.
  • All obligations between the company and the Placing Agent have ceased with no claims against each other.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China International Development Corporation’s Placing Agreement Lapses

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China International Development Corporation Limited ( (HK:0264) ) just unveiled an announcement.

China International Development Corporation Limited announced the lapse of its Placing Agreement due to unmet conditions by the closing date, May 23, 2025. As a result, the agreement did not become unconditional, and all obligations between the company and the Placing Agent have ceased, with no claims against each other, except for the reimbursement of incurred expenses up to HK$100,000.

More about China International Development Corporation Limited

Average Trading Volume: 3,511,578

Technical Sentiment Signal: Buy

Current Market Cap: HK$742.6M

Find detailed analytics on 0264 stock on TipRanks’ Stock Analysis page.

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