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Windmill Group Ltd. ( (HK:1850) ) has provided an update.
HSC Resources Group Limited, previously known as Windmill Group Ltd., has announced further updates regarding its capital reorganization and revised timetable for a proposed rights issue. The company is undergoing a capital reduction process, with a court hearing scheduled for July 25, 2025, in the Cayman Islands. The effective date for the capital reorganization and commencement of dealings in adjusted shares is set for August 5, 2025. This reorganization aims to streamline the company’s capital structure and is expected to impact shareholders with a rights issue offering four rights shares for every adjusted share held.
More about Windmill Group Ltd.
Average Trading Volume: 357,433
Technical Sentiment Signal: Sell
Current Market Cap: HK$31.1M
See more insights into 1850 stock on TipRanks’ Stock Analysis page.