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Earnings Not Telling The Story For Nanfang Communication Holdings Limited (HKG:1617) After Shares Rise 26%
Nanfang Communication Terminates Disposal of Shareholding in Associate
NANFANG COMM (01617) subsidiary terminates sale of approximately 8.2353 million Class A preferred shares of Source Photonics Holdings.
NANFANG COMM (01617) announced that on January 24, 2025 (after trading hours), Pacifi...
NANFANG COMM (01617.HK): Termination of sale matters, the group continues to seek potential buyers.
On January 27, Gelonghui reported that NANFANG COMM (01617.HK) announced that on January 24, 2025, Pacific Smart received written notice from the buyer to terminate the formal sale agreement (as amended by the supplementary agreement, the second supplementary agreement, and the third supplementary agreement), effective immediately. The company was informed that the main sale agreement (as amended) was also terminated on January 24, 2025. The Board of Directors believes that the termination of the formal sale agreement (as amended by the supplementary agreement, the second supplementary agreement, and the third supplementary agreement) will not have any significant negative impact on the Group's financial condition or business operations.
Nanfang Communication Holdings Limited (HKG:1617) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected
Investors Can Find Comfort In Nanfang Communication Holdings' (HKG:1617) Earnings Quality
