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Lygend Resources Gains Approval for H Share Conversion

Lygend Resources Gains Approval for H Share Conversion

Lygend Resources & Technology Co., Ltd. Class H (HK:2245) has released an update.

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Lygend Resources & Technology Co., Ltd. has received approval from the Hong Kong Stock Exchange to convert 47,077,941 unlisted shares into H shares, representing 3.03% of the company’s total issued shares. This conversion is part of the company’s strategy to enhance share circulation and market presence. As a result, the proportion of domestic shares will decrease to 64.61%, while H shares will increase to 35.39%.

For further insights into HK:2245 stock, check out TipRanks’ Stock Analysis page.

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