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Hands Form Holdings Limited ( (HK:1920) ) has shared an announcement.
China Wacan Group Company Limited, incorporated in the Cayman Islands, has announced a proposal to increase its authorized share capital from HK$40,000,000 to HK$120,000,000. This move aims to provide greater flexibility for future business growth and requires shareholder approval at an Extraordinary General Meeting (EGM). Additionally, the company plans to adopt a new share scheme in line with recent amendments to Chapter 17 of the Listing Rules, which will replace the 2019 Share Option Scheme. This change is also subject to shareholder approval at the EGM.
The most recent analyst rating on (HK:1920) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hands Form Holdings Limited stock, see the HK:1920 Stock Forecast page.
More about Hands Form Holdings Limited
Average Trading Volume: 977,147
Technical Sentiment Signal: Sell
Current Market Cap: HK$153.5M
For detailed information about 1920 stock, go to TipRanks’ Stock Analysis page.