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China Energy Development Holdings Limited ( (HK:0228) ) has provided an update.
China Energy Development Holdings Limited announced that all resolutions at their Extraordinary General Meeting (EGM) were passed, including the Capital Reorganisation and amendments to the company’s memorandum and articles of association. The Capital Reorganisation, which includes share consolidation, capital reduction, and share subdivision, is subject to court confirmation. The company plans a Rights Issue, offering one Rights Share for every two Adjusted Shares at HK$1.57 per share, with shares trading on an ex-right basis starting 10 November 2025.
More about China Energy Development Holdings Limited
Average Trading Volume: 27,182,145
Technical Sentiment Signal: Sell
Current Market Cap: HK$401.5M
For an in-depth examination of 0228 stock, go to TipRanks’ Overview page.