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The latest update is out from Green Energy Group Limited ( (HK:0979) ).
Green Energy Group Limited has announced a special general meeting to discuss a capital reorganisation plan. The plan involves reducing the par value of each existing share from HK$0.10 to HK$0.01, effectively decreasing the company’s issued share capital significantly. This move will allow the company to subdivide its authorised but unissued shares into ten new shares of HK$0.01 each, enhancing its financial flexibility and potentially impacting its market positioning.
The most recent analyst rating on (HK:0979) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Green Energy Group Limited stock, see the HK:0979 Stock Forecast page.
More about Green Energy Group Limited
Average Trading Volume: 189,862
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$406.9M
See more insights into 0979 stock on TipRanks’ Stock Analysis page.