Sanxiang Impression (SHE:000863) has terminated its 2023 private share placement plan, citing a change in controlling ownership and related transaction cancellations.
The private placement plan was initially proposed in November 2023 but has yet to be submitted to a shareholders' meeting, according to a Thursday filing with the Shenzhen bourse.
Shares of the real estate development and cultural performance company closed 2% higher Thursday.
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