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A-shares fluctuation丨a-zenith home furnishings resumes trading and falls by over 7%, terminating the planning for a change of control.
Gelonghui November 22 | A-zenith home furnishings (603389.SH) resumed trading lower today, now down 7.21% to 6.82 yuan, with a temporary turnover of 0.199 billion yuan, and a latest market cap of 1.79 billion yuan. A-zenith home furnishings announced yesterday evening that it received a notification from the controlling shareholder on November 21, 2024, regarding the termination of the planned change in control. During the suspension period, the controlling shareholder and the trading party failed to reach a consensus. In order to truly safeguard the interests of all shareholders and the company, the controlling shareholder decided to terminate the planned change in control. To protect the interests of investors, in accordance with regulatory requirements, the company contacted the Shanghai Stock Exchange.
Emergency suspension on Monday and collapsed on Thursday, a-zenith home furnishings' trade on ownership change has not reached an agreement. Before the information disclosure, the stock price had risen for several consecutive days | Summary of the announc
1. A-zenith Home Furnishings, which announced an emergency trading halt before the opening on Monday, tonight announced the termination of the planned change of controlling rights and will resume trading from tomorrow's market opening. 2. A-zenith Home Furnishings stated that the controlling shareholder has negotiated the core terms of this trade with the acquirer. Prior to the trading halt, A-zenith Home Furnishings' stock price had risen continuously for several days. 3. A-zenith Home Furnishings' performance continues to be under pressure. If the financial indicators for the year 2024 still cannot be effectively improved, there is a possibility of being warned of the risk of (delisted).
A-zenith home furnishings (603389.SH): Termination of the planned change in control, resumption of trading starting from November 22.
Gelonghui November 21st, a-zenith home furnishings (603389.SH) announced that on November 21, 2024, it received a notice from the company's controlling shareholder to terminate the planned control change. During the suspension period, the controlling shareholder and the trading party failed to reach a consensus. In order to effectively safeguard the interests of all shareholders and the company, the controlling shareholder decided to terminate the planned control change. To protect the interests of investors, in accordance with regulatory requirements, the company applied to the Shanghai Stock Exchange, and the company's stocks will resume trading starting from November 22, 2024 (Friday).
A-zenith home furnishings (603389.SH): Stocks continue to be suspended.
On November 18, Glonghui reported that a-zenith home furnishings (603389.SH) announced that its controlling shareholder is currently negotiating the core terms of the trade with the buyer, and the buyer still needs to fulfill internal review procedures. The company expects that it will be unable to resume trading of its stocks starting from the market opening on November 19, 2024 (Tuesday). In accordance with regulatory requirements, upon the company's application to the shanghai Stock Exchange, the company’s stocks will continue to be suspended from trading starting from November 19, 2024 (Tuesday).
Express News | Morning announcement
Express News | A-zenith home furnishings: The controlling shareholder is planning to change the company's control rights, and the stocks will be suspended from trading starting today.
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