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Graphex Group Limited Delays Key Financial Restructuring Circular

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Graphex Group Limited Delays Key Financial Restructuring Circular

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Graphex Group Limited ( (HK:6128) ) just unveiled an update.

Graphex Group Limited has announced a delay in dispatching a circular concerning several proposed financial restructuring activities, including share consolidation, change in board lot size, increase in authorized share capital, and a rights issue on a non-underwritten basis. This delay and the associated changes are significant as they affect the company’s capital structure and could influence market perceptions and stakeholder interests.

More about Graphex Group Limited

Graphex Group Limited, incorporated in the Cayman Islands, operates within the financial industry and is listed under the stock code 6128. The company is involved in share-related financial activities and is focused on corporate financial restructuring, including share consolidation and rights issuance.

YTD Price Performance: 17.50%

Average Trading Volume: 9,243,901

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$55.17M

For detailed information about 6128 stock, go to TipRanks’ Stock Analysis page.

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