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An announcement from Asia Resources Holdings Limited ( (HK:0899) ) is now available.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced a further delay in the dispatch of its circular regarding a proposed Rights Issue. The company, which is planning to issue two rights shares for every one share held, has revised its timetable for this financial maneuver. The delay is due to the need for additional time to finalize the necessary information. This postponement may impact shareholders and the company’s market positioning as it adjusts its schedule to accommodate these changes.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
More about Asia Resources Holdings Limited
Average Trading Volume: 491,642
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$39.32M
Learn more about 0899 stock on TipRanks’ Stock Analysis page.