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The latest update is out from Risecomm Group Holdings Limited ( (HK:1679) ).
Risecomm Group Holdings Limited announced a delay in the despatch of its Prospectus related to a proposed Share Consolidation, an increase in authorised share capital, and a Rights Issue. The delay, necessitated by the need for additional preparation time, has led to a revised timetable for these corporate actions, impacting the company’s operations and potentially affecting shareholder entitlements and trading activities.
More about Risecomm Group Holdings Limited
Risecomm Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the technology industry. It focuses on providing advanced metering infrastructure solutions and power line communication technology, serving markets that require efficient and reliable communication systems.
Average Trading Volume: 293,799
Technical Sentiment Signal: Buy
Current Market Cap: HK$84.39M
For a thorough assessment of 1679 stock, go to TipRanks’ Stock Analysis page.