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Xinyang Maojian Group ( (HK:0362) ) has provided an update.
China Zenith Chemical Group Limited has announced a supplemental clarification regarding its proposed capital reorganisation, change in board lot size, and rights issue. The announcement details the revised shareholding structure, highlighting that Dato’ Sri Lai Chai Suang, a non-executive director, holds 83,100,000 shares and will abstain from voting on the rights issue resolution. This clarification provides transparency on the company’s shareholding adjustments and compliance with listing rules, which could impact shareholder decisions and market perception.
More about Xinyang Maojian Group
YTD Price Performance: -72.50%
Average Trading Volume: 19,190,467
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$29.73M
For detailed information about 0362 stock, go to TipRanks’ Stock Analysis page.