China Environmental Resources Postpones Subsidiary Sale Completion

China Environmental Resources Group Ltd. (HK:1130) has released an update.

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China Environmental Resources Group Ltd. has announced a postponement of the completion date for the sale of its subsidiary, First Rank Corporation, due to issues concerning the demolition and compensation related to the Industrial Property. The new completion date has been set for December 23, 2024, allowing more time to address these matters. This development may interest investors monitoring the company’s strategic moves and its impact on stock performance.

For further insights into HK:1130 stock, check out TipRanks’ Stock Analysis page.

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