China Water Industry Group Limited (HK:1129) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Water Industry Group Limited has announced an Extraordinary General Meeting scheduled for December 9, 2024, to discuss key resolutions, including a significant share consolidation plan and a rights issue aimed at raising capital. The proposed share consolidation involves merging every ten existing shares into one, while the rights issue entails offering new consolidated shares to existing shareholders. These strategic moves are intended to streamline the company’s share structure and enhance its financial flexibility.
For further insights into HK:1129 stock, check out TipRanks’ Stock Analysis page.