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China Energy Development Announces Capital Reorganization Plan

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China Energy Development Announces Capital Reorganization Plan

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An announcement from China Energy Development Holdings Limited ( (HK:0228) ) is now available.

China Energy Development Holdings Limited has announced an extraordinary general meeting to discuss and potentially approve a capital reorganization plan. This plan involves consolidating shares, reducing the par value of shares, and increasing the authorized share capital, which could impact the company’s financial structure and shareholder value.

More about China Energy Development Holdings Limited

China Energy Development Holdings Limited operates in the energy sector, focusing on the development and investment in energy-related projects. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 23,386,772

Technical Sentiment Signal: Sell

Current Market Cap: HK$389.3M

Learn more about 0228 stock on TipRanks’ Stock Analysis page.

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