Luxxu Group Ltd. (HK:1327) has released an update.
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Luxxu Group Ltd. has announced a significant capital reorganization that includes share consolidation, capital reduction, and a share subdivision. The company also plans to change the board lot size and propose a rights issue aimed at raising approximately HK$16.2 million. These strategic moves are designed to streamline the company’s share structure and strengthen its financial position.
For further insights into HK:1327 stock, check out TipRanks’ Stock Analysis page.