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Huanxi Media Shareholders Overwhelmingly Approve Capital-Raising Mandates

Story Highlights
  • Shareholders overwhelmingly approved all resolutions at Huanxi Media’s special general meeting.
  • The vote clears the way for new share and warrant issues, bolstering capital-raising flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Huanxi Media Shareholders Overwhelmingly Approve Capital-Raising Mandates

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Huanxi Media Group Ltd. ( (HK:1003) ) just unveiled an update.

Huanxi Media Group Ltd., listed on the Hong Kong Stock Exchange, announced that shareholders overwhelmingly approved all ordinary resolutions at its special general meeting held on 8 January 2026, with each resolution receiving more than 99.9% of votes cast. The approvals cover the share subscription agreement and warrant subscription agreement, along with specific mandates for directors to issue new subscription shares and warrant shares, paving the way for the company to proceed with these capital-raising transactions and potentially strengthening its financial position and flexibility. The poll was conducted without any voting restrictions or required abstentions under listing rules, and an independent share registrar acted as scrutineer for the vote-taking.

The most recent analyst rating on (HK:1003) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Huanxi Media Group Ltd. stock, see the HK:1003 Stock Forecast page.

More about Huanxi Media Group Ltd.

Average Trading Volume: 8,564,524

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.19B

Find detailed analytics on 1003 stock on TipRanks’ Stock Analysis page.

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