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Dashan Education Holdings Terminates Placing Agreement

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Dashan Education Holdings Terminates Placing Agreement

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Dashan Education Holdings Limited ( (HK:9986) ) has shared an announcement.

Dashan Education Holdings Limited announced the lapse and termination of its Placing Agreement for new shares due to unmet conditions and lack of consensus on extending the Long Stop Date. The company stated that this termination will not adversely affect its business operations or financial position and may consider future fundraising activities based on market conditions.

More about Dashan Education Holdings Limited

Dashan Education Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the education sector. It is listed on the Hong Kong Stock Exchange under the stock code 9986.

Average Trading Volume: 1,293,225

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.08B

For an in-depth examination of 9986 stock, go to TipRanks’ Overview page.

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