HKC International Calls EGM to Double Authorised Capital and Implement Share Consolidation

HKC International Holdings Limited ( (HK:0248) ) has provided an announcement.

HKC International Holdings Limited has called an extraordinary general meeting for 3 February 2026 in Hong Kong to seek shareholder approval for a substantial increase in its authorised share capital, doubling it from HK$20 million to HK$40 million by creating an additional 2 billion shares. The company is also proposing a share consolidation on the basis of eight existing shares of HK$0.01 each into one consolidated share of HK$0.08, which will reduce the number of authorised shares from 4 billion to 500 million while maintaining the same total authorised capital, with fractional entitlements to be aggregated and, if possible, sold for the company’s benefit. These capital structure changes, if approved and once listing approval is granted, would give HKC International greater flexibility in future equity issuance and may support compliance with listing requirements and share price management, with implications for liquidity, trading characteristics and the company’s capacity to undertake future corporate actions.

The most recent analyst rating on (HK:0248) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on HKC International Holdings Limited stock, see the HK:0248 Stock Forecast page.

More about HKC International Holdings Limited

HKC International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong under stock code 248. The group operates within the Hong Kong market and is governed by the Listing Rules of the Stock Exchange of Hong Kong, reflecting its status as a regulated public company with a broad shareholder base.

Average Trading Volume: 1,660,936

Technical Sentiment Signal: Hold

Current Market Cap: HK$44.83M

See more insights into 0248 stock on TipRanks’ Stock Analysis page.