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Onewo Inc. Announces Delay in Asset Acquisition Completion

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Onewo, Inc. Class H ( (HK:2602) ) just unveiled an announcement.

Onewo Inc., a joint stock company incorporated in China, has announced a delay in the completion of a connected transaction involving an asset acquisition agreement. The delay is due to ongoing negotiations regarding asset valuation and tax determination, which have necessitated an extension of the transfer registration deadline from February 28, 2025, to May 30, 2025. The company has entered into a supplemental agreement to amend the terms, ensuring cooperation in lease contract renewals or terminations. The board considers these terms fair and in the best interest of shareholders.

More about Onewo, Inc. Class H

YTD Price Performance: 6.36%

Average Trading Volume: 1,820,453

Technical Sentiment Signal: Sell

Current Market Cap: HK$25.48B

For an in-depth examination of 2602 stock, go to TipRanks’ Stock Analysis page.

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