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Nanfang Communication Holdings Ltd. ( (HK:1617) ) has issued an update.
Nanfang Communication Holdings Limited announced that during its extraordinary general meeting held on September 15, 2025, shareholders approved the Sale and Purchase Agreement involving the disposal of sale shares to Multek Group (Hong Kong) Limited and Suzhou Dongshan Precision Manufacturing Co., Ltd. The resolution was passed unanimously with 100% of the votes in favor, indicating strong shareholder support for the transaction, which is expected to impact the company’s strategic direction and operational focus.
More about Nanfang Communication Holdings Ltd.
Average Trading Volume: 8,643,931
Technical Sentiment Signal: Buy
Current Market Cap: HK$219.5M
Find detailed analytics on 1617 stock on TipRanks’ Stock Analysis page.