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An update from China Wood International Holding Co., Limited ( (HK:1822) ) is now available.
China Wood International Holding Co., Limited has announced an upcoming extraordinary general meeting (EGM) scheduled for February 18, 2025, in Hong Kong. The meeting aims to consider and approve a proposed rights issue involving up to 411,219,340 shares at a subscription price of HK$0.111 per share. This initiative is set to provide existing qualifying shareholders the opportunity to purchase additional shares, potentially enhancing their investment in the company. The rights issue could significantly impact the company’s financial operations by raising capital, thus affecting its market position and stakeholder interests.
More about China Wood International Holding Co., Limited
YTD Price Performance: 50.86%
Average Trading Volume: 531,401
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$143.9M
Learn more about 1822 stock on TipRanks’ Stock Analysis page.