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Kunming Dianchi Awaits Key Share Auction Outcome

Kunming Dianchi Awaits Key Share Auction Outcome

Kunming Dianchi Water Treatment Co., Ltd. Class H (HK:3768) has released an update.

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Kunming Dianchi Water Treatment Co., Ltd. has announced that a previous shareholder’s attempt to auction off a substantial 23.86% stake in the company on the Alibaba Online Judicial Auction Platform has failed twice. A new judicial sale for the same shares is scheduled on the platform starting 25 July 2024, with details available online. Shareholders and potential investors are cautioned to exercise prudence with the company’s securities amidst these developments.

For further insights into HK:3768 stock, check out TipRanks’ Stock Analysis page.

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