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China National Culture Group Revises Capital Reorganization Timeline

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China National Culture Group Revises Capital Reorganization Timeline

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China National Culture Group Limited ( (HK:0745) ) has provided an announcement.

China National Culture Group Limited has announced a revised timetable for its capital reorganization, including changes in board lot size and a rights issue. The capital reorganization, confirmed by the Grand Court of the Cayman Islands, involves reducing and restructuring the company’s capital, with the dealings in adjusted shares now set to commence on February 3, 2025. This strategic move is expected to enhance the company’s financial structure and market positioning, potentially affecting shareholder value and trading dynamics.

More about China National Culture Group Limited

China National Culture Group Limited operates in the cultural industry, focusing on providing cultural and entertainment-related products and services. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: -7.69%

Average Trading Volume: 98,160

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$9.37M

For detailed information about 0745 stock, go to TipRanks’ Stock Analysis page.

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