Shenguan Holdings (Group) Limited (HK:0829) has released an update.
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Shenguan Holdings (Group) Limited announced that all resolutions were approved during its extraordinary general meeting, allowing the directors to issue and repurchase shares under new mandates. The meeting saw significant shareholder participation, with over 98% voting in favor of the resolutions. This development could impact the company’s stock dynamics as it provides flexibility in managing its share capital.
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