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Bank of Jiujiang Co., Ltd. Class H ( (HK:6190) ) has issued an update.
Bank of Jiujiang Co., Ltd. announced a proposed non-public issuance of up to 860 million Domestic Shares and 175 million H Shares to eligible subscribers to replenish its core tier-one capital. This move aims to enhance the bank’s risk resilience and optimize its equity structure. The issuance may involve substantial shareholder subscribers, constituting a connected transaction requiring independent shareholder approval. Amendments to the Articles of Association will be made to reflect changes in the bank’s capital structure upon completion of the issuance.
More about Bank of Jiujiang Co., Ltd. Class H
Bank of Jiujiang Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the banking industry. It focuses on providing banking services and financial products, with a market focus on enhancing its capital structure and risk resilience.
Average Trading Volume: 16,531
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.84B
See more data about 6190 stock on TipRanks’ Stock Analysis page.