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Plutus Financial Group Limited ( (PLUT) ) has issued an announcement.
Plutus Financial Group Limited announced an extraordinary general meeting of shareholders scheduled for August 8, 2025, to vote on several proposals related to a merger with Choco Up Group Holdings Limited. The merger will result in Choco Up becoming a wholly-owned subsidiary of Plutus, and the company’s name will change to Choco Up International Holdings Limited. The meeting will also address amendments to the company’s memorandum and articles of association, changes in share capital, and the issuance of new ordinary shares to Choco Up shareholders. This merger aims to enhance Plutus’s market positioning by integrating Choco Up’s fintech capabilities, potentially impacting stakeholders by expanding the company’s service offerings and market reach.
More about Plutus Financial Group Limited
Plutus Financial Group Limited is a Hong Kong-based financial services holding company operating through two wholly-owned subsidiaries: Plutus Securities Limited and Plutus Asset Management Limited. Plutus Securities provides securities dealing and brokerage, margin financing, securities custody, and nominee services, while Plutus Asset Management offers wealth management and advisory services.
Average Trading Volume: 48,586
For detailed information about PLUT stock, go to TipRanks’ Stock Analysis page.