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Golden Power Group Proposes Share Consolidation at Upcoming EGM

Story Highlights
  • Golden Power Group plans a share consolidation to streamline its share structure.
  • The consolidation will reduce the number of shares but keep the total share capital unchanged.
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Golden Power Group Proposes Share Consolidation at Upcoming EGM

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Golden Power Group Holdings Ltd. ( (HK:3919) ) has shared an update.

Golden Power Group Holdings Limited announced an extraordinary general meeting scheduled for May 9, 2025, to discuss and vote on a proposed share consolidation. The proposal involves consolidating every twenty existing shares into one new share, effectively reducing the number of shares while maintaining the same total share capital value. This move is aimed at streamlining the company’s share structure, potentially impacting shareholder value and market perception.

More about Golden Power Group Holdings Ltd.

Golden Power Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on The Stock Exchange of Hong Kong Limited under the stock code 3919.

YTD Price Performance: -16.67%

Average Trading Volume: 331,102

Technical Sentiment Signal: Buy

Current Market Cap: HK$27M

Learn more about 3919 stock on TipRanks’ Stock Analysis page.

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