China Energy Storage Technology Delays Circular Dispatch for Rights Issue

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Link-Asia International Medtech Group Ltd. ( (HK:1143) ) has issued an update.

China Energy Storage Technology Development Limited announced a delay in dispatching a circular related to its proposed rights issue, change in board lot size, and a major transaction involving the assignment of distribution rights. The company requires additional time to prepare the necessary information, postponing the release from February 5 to March 5, 2025. This delay affects the expected timetable for the rights issue and related events, which will be revised accordingly. This announcement may impact the company’s operational timeline and potentially influence shareholder decisions, reflecting on their strategic financial maneuvers in the market.

More about Link-Asia International Medtech Group Ltd.

Link-Asia International Medtech Group Ltd., now known as China Energy Storage Technology Development Limited, operates in the MedTech industry with a focus on developing and distributing medical technologies. The company is incorporated in the Cayman Islands and is publicly traded on the Hong Kong Stock Exchange.

YTD Price Performance: -4.62%

Average Trading Volume: 1,123,186

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$69.53M

Learn more about 1143 stock on TipRanks’ Stock Analysis page.

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