Jenscare Scientific Co. Ltd. Class H (HK:9877) has released an update.
Jenscare Scientific Co., Ltd. has announced its first extraordinary general meeting for 2024 to be held on September 19th, where it will propose amendments to its articles of association and seek approval for a repurchase program of its H Shares. This program, pending regulatory approval, could see the company repurchasing up to 10% of its H Shares, making it a significant event for shareholders and potential investors. The repurchase plan will be executed subject to certain conditions, including approvals from relevant PRC regulatory authorities and the company’s creditors.
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