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China Wood International’s EGM Approves Key Rights Issue

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China Wood International’s EGM Approves Key Rights Issue

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The latest update is out from China Wood International Holding Co., Limited ( (HK:1822) ).

China Wood International Holding Co., Limited, a company involved in the wood industry, held an Extraordinary General Meeting on February 18, 2025, where a significant resolution was passed. The resolution pertained to the approval and ratification of a Rights Issue and related transactions, with the majority of Independent Shareholders voting in favor. The company’s shares will commence trading on an ex-rights basis, indicating a step forward in its strategic financial planning.

More about China Wood International Holding Co., Limited

YTD Price Performance: 7.76%

Average Trading Volume: 538,758

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$102.8M

For a thorough assessment of 1822 stock, go to TipRanks’ Stock Analysis page.

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