The company issued an announcement on the Singapore Exchange on Sunday (June 1). It stressed that no agreement has been reached yet and it is impossible to ensure that the negotiations will eventually have results. With the background of the ongoing...
The company issued an announcement on the Singapore Exchange on Sunday (June 1). It stressed that no agreement has been reached yet and it is impossible to ensure that the negotiations will eventually have results.
With the background of the ongoing negotiations, the company has also suspended its second listing plan originally scheduled to be held on the Malaysian Stock Exchange (Bursa Malaysia).
Bloomberg reported in September last year that Jewelvet Technology may be listed second in Malaysia as soon as 2025. The company then issued a statement confirming the news. Jieweite Technology closed at 0.84 yuan on Friday (May 30), up 2.44%.
Singapore precision engineering machinery company Grand Venture Technology is in confidential negotiations with third parties regarding transactions that may involve the company and may make an offer to acquire the company's shares.