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IRC ( (HK:1029) ) has issued an update.
IRC Limited, a company incorporated in Hong Kong, announced the successful passage of a resolution at its Extraordinary General Meeting (EGM) held on December 16, 2025. The resolution, which was approved by the independent shareholders, pertains to a Rights Issue and related agreements, which are set to proceed according to the previously outlined timetable. This development indicates a strategic move by IRC to potentially raise capital and strengthen its financial position, with significant implications for its stakeholders and market operations.
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: 512,905
Technical Sentiment Signal: Sell
Current Market Cap: HK$632.6M
For a thorough assessment of 1029 stock, go to TipRanks’ Stock Analysis page.