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Fire Rock Holdings Secures Shareholder Approval for Key Financial Resolutions

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Fire Rock Holdings Secures Shareholder Approval for Key Financial Resolutions

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Fire Rock Holdings Ltd ( (HK:1909) ) has provided an announcement.

Fire Rock Holdings Ltd recently held an Extraordinary General Meeting (EGM) where key resolutions regarding a Rights Issue, Placing Agreement, Underwriting Agreement, and a Whitewash Waiver were passed. The meeting saw participation from shareholders holding approximately 8% of the company’s issued shares, with significant abstentions from those involved in the transactions. The resolutions were approved by a substantial majority, indicating strong shareholder support for the company’s strategic financial maneuvers.

The most recent analyst rating on (HK:1909) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fire Rock Holdings Ltd stock, see the HK:1909 Stock Forecast page.

More about Fire Rock Holdings Ltd

Average Trading Volume: 175,226

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$362.9M

For detailed information about 1909 stock, go to TipRanks’ Stock Analysis page.

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