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Silkroad Inc Calls January EGM to Approve Deeply Discounted Rights Issue

Story Highlights
  • Silkroad Inc will hold a January 2026 EGM to seek shareholder approval for a major rights issue.
  • The proposed rights issue could add up to 383 million shares, raising equity but diluting non-participating investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Silkroad Inc Calls January EGM to Approve Deeply Discounted Rights Issue

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CMMB Vision Holdings ( (HK:0471) ) has provided an announcement.

Silkroad Inc has called an extraordinary general meeting in Hong Kong on 21 January 2026 for shareholders to vote on a proposed rights issue that could raise new equity by issuing up to 383.2 million new shares at HK$0.455 per share on the basis of three rights shares for every existing share held on 15 January 2026. The board is seeking authority to proceed with the capital-raising plan, including flexibility to adjust for the potential full conversion of an existing convertible note and to exclude or make special arrangements for shareholders in jurisdictions outside Hong Kong, a move that would significantly expand the company’s share capital and potentially strengthen its balance sheet but also dilute existing holdings for investors who do not subscribe.

The most recent analyst rating on (HK:0471) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on CMMB Vision Holdings stock, see the HK:0471 Stock Forecast page.

More about CMMB Vision Holdings

Silkroad Inc is a Cayman Islands–incorporated company listed in Hong Kong, though the notice does not specify its sector or core business activities. The company’s shares are traded on the Main Board under stock code 471 and it has a shareholder base that includes both Hong Kong and potentially overseas investors, as indicated by provisions for non-Hong Kong shareholders in corporate actions.

Average Trading Volume: 1,537,930

Technical Sentiment Signal: Sell

Current Market Cap: HK$82.76M

Learn more about 0471 stock on TipRanks’ Stock Analysis page.

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