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Kwong Luen Engineering Holdings Limited ( (HK:1413) ) has issued an update.
FEG Holdings Corporation Limited, a company incorporated in the Cayman Islands, has announced an Extraordinary General Meeting (EGM) to be held on December 12, 2025. The meeting will address the appointment of Infinity CPA Limited as the company’s auditor and a proposal for share consolidation. The share consolidation involves converting every five issued and unissued shares with a par value of HK$0.01 into one share with a par value of HK$0.05, effectively reducing the number of shares while maintaining the same total share capital. This move is likely aimed at optimizing the company’s share structure and potentially enhancing shareholder value.
The most recent analyst rating on (HK:1413) stock is a Hold with a HK$0.09 price target. To see the full list of analyst forecasts on Kwong Luen Engineering Holdings Limited stock, see the HK:1413 Stock Forecast page.
More about Kwong Luen Engineering Holdings Limited
Average Trading Volume: 26,691,129
Technical Sentiment Signal: Hold
Current Market Cap: HK$133M
For a thorough assessment of 1413 stock, go to TipRanks’ Stock Analysis page.