China Beidahuang Industry Group Holdings Ltd. (HK:0039) has released an update.
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China Beidahuang Industry Group Holdings Ltd. has successfully completed its proposed restructuring, issuing 850 million new shares at HK$0.10 each, which will be used to settle debts and support the company’s working capital needs. This strategic move includes a substantial disposal and a connected transaction aimed at strengthening the company’s financial stability.
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