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Luxxu Group Announces Effective Date for Capital Reorganization and Share Certificate Exchange

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Luxxu Group Announces Effective Date for Capital Reorganization and Share Certificate Exchange

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The latest announcement is out from Luxxu Group Ltd. ( (HK:1327) ).

Luxxu Group Limited has announced the effective date of its capital reorganization, which includes the capital reduction and the commencement of dealings in adjusted shares. Shareholders are offered a free exchange of share certificates for a limited period, after which a fee will be charged for exchanges. This reorganization is expected to streamline the company’s capital structure and potentially enhance its market positioning.

More about Luxxu Group Ltd.

Luxxu Group Limited is a company incorporated in the Cayman Islands with limited liability, and it is listed on the Hong Kong Stock Exchange under the stock code 1327. The company is involved in capital reorganization and related financial activities.

YTD Price Performance: 155.71%

Average Trading Volume: 52,310

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$105.1M

See more insights into 1327 stock on TipRanks’ Stock Analysis page.

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