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Lippo China Resources Announces Potential Share Distribution and Trading Resumption

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Lippo China Resources Announces Potential Share Distribution and Trading Resumption

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An announcement from Lippo China Resources Limited ( (HK:0156) ) is now available.

Lippo China Resources Limited, a company listed on the Hong Kong Stock Exchange, has announced a potential distribution in specie of its shares by its parent company, Lippo Limited. This distribution, which involves up to 303,289,730 ordinary shares, is conditional upon the satisfaction of certain conditions and is part of a broader proposal that includes the privatization of Lippo. Trading of Lippo China Resources Limited’s shares, which was previously halted, is set to resume on May 29, 2025.

More about Lippo China Resources Limited

Average Trading Volume: 193,151

Technical Sentiment Signal: Hold

Current Market Cap: HK$753.3M

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