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HKC International Holdings Limited ( (HK:0248) ) just unveiled an update.
HKC International Holdings Limited has secured shareholder approval at an extraordinary general meeting held on 3 February 2026 for resolutions related to changes in its share capital and structure, following a poll in which all resolutions were passed with 100% of votes cast in favour and no abstentions or opposing votes recorded. The approved measures include an increase in authorised share capital from HK$20 million to HK$40 million through the creation of an additional 2 billion shares and the implementation of a share consolidation, which will take effect on 5 February 2026 subject to the Stock Exchange’s listing approval, signaling a strategic restructuring of the company’s capital base that may enhance share trading efficiency and provide greater flexibility for 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 announcement relates to its capital structure and share arrangements but does not provide details on its industry, products, services or market focus.
Average Trading Volume: 1,812,543
Technical Sentiment Signal: Sell
Current Market Cap: HK$46.08M
Learn more about 0248 stock on TipRanks’ Stock Analysis page.