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Daido Group Limited ( (HK:0544) ) has issued an announcement.
Daido Group Limited announced the successful passing of all proposed ordinary resolutions at its Special General Meeting held on July 14, 2025. This includes the approval of several Convertible Bond Subscription Agreements and a Share Consolidation, all of which received unanimous support from shareholders. The Share Consolidation will become effective on July 16, 2025, with new share certificates being issued, marking a significant step in the company’s strategic financial restructuring.
More about Daido Group Limited
Daido Group Limited is a company incorporated in Bermuda, operating in the financial sector. It is listed on the Hong Kong Stock Exchange and engages in activities related to convertible bonds and share consolidation.
Average Trading Volume: 1,334,281
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$24.08M
Learn more about 0544 stock on TipRanks’ Stock Analysis page.