Shenzhen Forms Syntron Information (06700): Delay in Global Offering and Listing
Shenzhen Forms Syntron Information (06700) announced that, after considering multiple factors (including current market conditions), the Company has decided to delay its global offering and the proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited.
Shenzhen Forms Syntron Information (06700) announced that, after considering multiple factors (including current market conditions), the company has decided to delay its global offering and proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited.
The international underwriting agreement relating to the international offering will not be entered into, and accordingly the Hong Kong underwriting agreement relating to the Hong Kong public offering will not become unconditional.
The decision to delay the global offering will not affect the company's current business, and the company is committed to developing and expanding its business. Meanwhile, the company and the joint overall coordinators are carefully assessing an updated timetable for the global offering and listing.
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