tiprankstipranks
Trending News
More News >

Litu Holdings Announces Delay in Acquisition Circular Dispatch

Story Highlights
Litu Holdings Announces Delay in Acquisition Circular Dispatch

Confident Investing Starts Here:

The latest update is out from Litu Holdings Limited ( (HK:1008) ).

Litu Holdings Limited has announced a delay in the dispatch of a circular related to an acquisition. The company requires additional time to gather financial information and prepare a valuation report for the properties involved. Consequently, they have applied for a waiver to extend the dispatch deadline to May 30, 2025. This delay may impact the company’s compliance with listing rules and could affect shareholder expectations.

More about Litu Holdings Limited

YTD Price Performance: 35.29%

Average Trading Volume: 1,669,421

Technical Sentiment Signal: Sell

Current Market Cap: HK$360.6M

For a thorough assessment of 1008 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App