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National United Resources Holdings Limited ( (HK:0254) ) just unveiled an announcement.
National United Resources Holdings Limited has announced a general meeting to discuss and potentially approve a share consolidation plan, which involves consolidating every ten existing ordinary shares into one. This move is conditional upon approval from the Hong Kong Stock Exchange and aims to streamline the company’s share structure. Additionally, the company plans to issue new consolidated shares to two subscribers, Kang Si and Li Ziwei, at a subscription price of HK$0.40 per share, which could potentially raise capital and enhance the company’s financial position.
More about National United Resources Holdings Limited
National United Resources Holdings Limited is a company incorporated in Hong Kong with limited liability, focusing on resource management and investment.
Average Trading Volume: 2,494,294
Technical Sentiment Signal: Sell
Current Market Cap: HK$162.3M
For a thorough assessment of 0254 stock, go to TipRanks’ Stock Analysis page.