tiprankstipranks
Trending News
More News >

China Zenith Clarifies Shareholding Structure Amid Capital Reorganisation

Story Highlights
China Zenith Clarifies Shareholding Structure Amid Capital Reorganisation

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1