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Beijing SinoHytec Co., Ltd. Class H ( (HK:2402) ) has shared an announcement.
Beijing SinoHytec Co., Ltd. has announced a meeting for its H Share Class shareholders to consider a special resolution. The resolution seeks to grant the company’s board a mandate to issue, allot, and deal with additional overseas listed foreign shares, not exceeding 20% of the total shares in issue. This move could potentially enhance the company’s capital structure and provide more flexibility in its financial operations, impacting its market positioning and shareholder value.
More about Beijing SinoHytec Co., Ltd. Class H
Average Trading Volume: 2,689,747
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.04B
For an in-depth examination of 2402 stock, go to TipRanks’ Overview page.