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China Sci-Tech Updates AGM Book Closure and Rights Issue Plans

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China Sci-Tech Updates AGM Book Closure and Rights Issue Plans

Elevate Your Investing Strategy:

Core Economy Investment Group Limited ( (HK:0339) ) has issued an announcement.

China Sci-Tech Industrial Investment Group Limited, previously known as Core Economy Investment Group Limited, announced changes to the book closure period for its Annual General Meeting (AGM) and updates on its proposed Rights Issue. The AGM’s register of members’ closure period has been revised to May 27-29, 2025, affecting share transfer registrations. The company also postponed the dispatch of prospectus documents for the Rights Issue due to the need for additional preparation time, with a revised timetable to be announced later. The subscription price for the Rights Issue represents a 33.3% discount to the theoretical ex-rights price. Stakeholders are cautioned about the risks associated with dealing in shares and nil-paid rights shares, as the Rights Issue’s completion is contingent on certain conditions.

More about Core Economy Investment Group Limited

Average Trading Volume: 236,790

Technical Sentiment Signal: Sell

Current Market Cap: HK$27.65M

Learn more about 0339 stock on TipRanks’ Stock Analysis page.

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