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China Investment Development Limited ( (HK:0204) ) has issued an update.
China Investment Development Limited, under the name Capital Realm Financial Holdings Group Limited, has announced a series of strategic financial maneuvers, including a proposed capital reorganization, a change in board lot size, and a rights issue. The capital reorganization involves consolidating shares, reducing capital, and subdividing shares to offset accumulated losses. The board lot size for trading will be reduced, and a rights issue aims to raise approximately HK$155.7 million, indicating a strategic move to strengthen the company’s financial position and potentially enhance shareholder value.
More about China Investment Development Limited
Average Trading Volume: 8,648,785
Technical Sentiment Signal: Sell
Current Market Cap: HK$45.66M
See more data about 0204 stock on TipRanks’ Stock Analysis page.