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Nanfang Communication Holdings Announces Further Variation to Disposal Terms

Story Highlights
  • Nanfang Communication Holdings is in the communication industry, listed on the Hong Kong Stock Exchange.
  • The company announced a further variation to disposal terms, with completion by October 31, 2025.
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Nanfang Communication Holdings Announces Further Variation to Disposal Terms

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Nanfang Communication Holdings Ltd. ( (HK:1617) ) has issued an update.

Nanfang Communication Holdings Ltd. has announced a further variation to the terms of a very substantial disposal, involving a third supplemental agreement with Pacific Smart and Dongshan Precision. The agreement confirms that the completion date for the disposal will be on or before October 31, 2025. This development is significant for the company’s operations as it marks a key step in the disposal process, potentially impacting its financial structure and strategic direction. Shareholders and potential investors will be informed upon completion of the disposal.

More about Nanfang Communication Holdings Ltd.

Nanfang Communication Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the communication industry. The company focuses on providing communication products and services, with a market presence indicated by its listing on the Hong Kong Stock Exchange under the stock code 1617.

Average Trading Volume: 8,077,777

Technical Sentiment Signal: Hold

Current Market Cap: HK$198.4M

For an in-depth examination of 1617 stock, go to TipRanks’ Overview page.

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