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CM Energy Tech Announces Share Subscription and EGM Details

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CM Energy Tech Announces Share Subscription and EGM Details

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CMIC Ocean En-Tech Holding Co ( (HK:0206) ) has shared an announcement.

CM Energy Tech Co., Ltd., incorporated in the Cayman Islands, is involved in a connected transaction regarding a share subscription with China Merchants Innovation and Technology (Hong Kong) Co., Limited. The company has announced the closure of its register of members in preparation for an Extraordinary General Meeting (EGM) on 28 February 2025 to consider approving the Subscription Agreement and a Whitewash Waiver. Shareholders are advised to ensure their eligibility to attend and vote at the EGM by completing necessary share transfer documentation before the stipulated deadline. The outcome of the subscription is uncertain as it is subject to specific conditions outlined in the Subscription Agreement.

More about CMIC Ocean En-Tech Holding Co

YTD Price Performance: -0.95%

Average Trading Volume: 725,488

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$670.2M

See more data about 0206 stock on TipRanks’ Stock Analysis page.

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