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China Zenith Shareholders Back Placing Agreement

China Zenith Shareholders Back Placing Agreement

Xinyang Maojian Group (HK:0362) has released an update.

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China Zenith Chemical Group Limited announced the overwhelming approval of the Placing Agreement and related transactions at the Special General Meeting held on June 18, 2024, with a 99.99% vote in favor. The allotment and issue of the Placing Shares received a specific mandate, reflecting strong shareholder support. All executive Directors attended the meeting, underscoring its significance for the company’s future direction.

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