tiprankstipranks
Enviro Energy Completes Major Debt Capitalization
Company Announcements

Enviro Energy Completes Major Debt Capitalization

Enviro Energy International Holdings Limited (HK:1102) has released an update.

Don't Miss our Black Friday Offers:

Enviro Energy International Holdings Limited has successfully completed the issuance of new shares for debt capitalization and the proposed increase in authorized share capital, significantly altering the company’s shareholding structure. The completion has resulted in the allotment and issue of approximately 62.32% of the enlarged issued share capital to creditors, with the overall share count increasing to 1,439,385,743 shares. This strategic financial restructuring is aimed at improving the company’s balance sheet and positioning it for future growth.

For further insights into HK:1102 stock, check out TipRanks’ Stock Analysis page.

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