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China LNG Group ( (HK:0931) ) has issued an update.
China HK Power Smart Energy Group Limited, a company incorporated in the Cayman Islands, operates in the energy sector with a focus on smart energy solutions. The company recently held an Extraordinary General Meeting (EGM) where shareholders approved a Loan Capitalisation Agreement. This agreement involves converting an unsecured shareholder loan into share capital, resulting in the issuance of new shares. The approval of this resolution is expected to strengthen the company’s financial position and potentially enhance its market standing.
More about China LNG Group
Average Trading Volume: 2,553,394
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.77B
For detailed information about 0931 stock, go to TipRanks’ Stock Analysis page.