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Shin Hwa World Limited ( (HK:0582) ) has shared an update.
Shin Hwa World Limited has announced a special general meeting to be held on September 16, 2025, to discuss and potentially approve a proposed rights issue. The rights issue involves the issuance of up to 1,825,740,693 new shares at a subscription price of HK$0.1 per share, on a one-for-one basis to qualifying shareholders. The company has entered into an underwriting agreement with SR Wealth Securities Limited to manage the rights issue on a best-effort basis. This move is aimed at raising capital and may impact the company’s financial structure and shareholder value.
More about Shin Hwa World Limited
Average Trading Volume: 952,763
Technical Sentiment Signal: Sell
Current Market Cap: HK$244.6M
For a thorough assessment of 0582 stock, go to TipRanks’ Stock Analysis page.