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Moody Technology Plans Major Capital Restructuring

Moody Technology Plans Major Capital Restructuring

Moody Technology Holdings Limited (HK:1400) has released an update.

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Moody Technology Holdings Limited has announced a special general meeting scheduled for January 2, 2025, where shareholders will vote on a significant capital reorganization plan. The proposal includes consolidating every ten shares into one, reducing the par value, and altering the authorized share capital structure. This move is aimed at restructuring the company’s financial framework to enhance its market positioning.

For further insights into HK:1400 stock, check out TipRanks’ Stock Analysis page.

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