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Capital VC Limited Announces Capital Reorganisation and Rights Issue

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Capital VC Limited Announces Capital Reorganisation and Rights Issue

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Capital VC Limited ( (HK:2324) ) just unveiled an announcement.

Capital VC Limited has announced a proposed capital reorganisation involving a reduction in share capital and a share subdivision, aimed at offsetting accumulated losses. Additionally, the company plans a rights issue to raise approximately HK$54 million, offering one rights share for every adjusted share held, which could impact its financial structure and shareholder value.

More about Capital VC Limited

Capital VC Limited, incorporated in the Cayman Islands and operating in Hong Kong as CNI VC Limited, is a company involved in capital investment and financial services, focusing on venture capital and related financial activities.

Average Trading Volume: 1,576,982

Technical Sentiment Signal: Buy

Current Market Cap: HK$72.02M

For an in-depth examination of 2324 stock, go to TipRanks’ Overview page.

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