Frontier Services Group (00500.HK) announced that the company's board of directors has decided to conduct voluntary business rescue procedures for Transit Freight Forwarding Proprietary Limited (TFF), the company's wholly-owned subsidiary incorporated in the Republic of South Africa. The directors of TFF have passed a resolution to conduct business rescue proceedings in accordance with applicable South African laws and regulations.
As of the close of trading on July 4, 2022, Frontier Services Group (00500.HK) closed at 0.47 yuan, an increase of 2.17%, turnover rate 0.0%, trading volume of 7,900 shares, and transaction volume of 3,600 yuan. Investment banks have paid little attention to the stock, and no investment bank has rated it within 90 days.
Frontier Services Group has a market capitalization of 1.079 billion yuan, ranking fifth in the air transport industry. The main indicators are shown in the table below:
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