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IRC ( (HK:1029) ) has shared an announcement.
IRC Limited, a company incorporated in Hong Kong, has announced an Extraordinary General Meeting (EGM) to be held on December 16, 2025. The meeting will consider a proposed rights issue, which involves issuing new ordinary shares to existing shareholders. This initiative is part of a broader strategy to raise capital, with the involvement of Axioma Capital FZE LLC as the underwriter and First Shanghai Securities Limited as the placing agent. The rights issue aims to strengthen the company’s financial position and enhance its market presence.
The most recent analyst rating on (HK:1029) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on IRC stock, see the HK:1029 Stock Forecast page.
More about IRC
Average Trading Volume: 529,791
Technical Sentiment Signal: Sell
Current Market Cap: HK$639M
For detailed information about 1029 stock, go to TipRanks’ Stock Analysis page.