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CMON Limited ( (HK:1792) ) has provided an announcement.
CMON Limited, a company incorporated in the Cayman Islands, has announced an extraordinary general meeting to discuss and approve resolutions related to its share capital structure. The company plans to increase its authorized share capital significantly and consolidate its shares, which could impact its market operations and shareholder value. The proposed changes include increasing the authorized share capital from HK$380,000 to HK$1,750,000 and consolidating every thirty-five shares into one. These actions are aimed at optimizing the company’s capital structure and potentially enhancing its market positioning.
More about CMON Limited
Average Trading Volume: 16,090,163
Technical Sentiment Signal: Hold
Current Market Cap: HK$61.4M
For a thorough assessment of 1792 stock, go to TipRanks’ Stock Analysis page.