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An announcement from Sinolink Worldwide Holdings ( (HK:1168) ) is now available.
Sinolink Worldwide Holdings Limited has announced a special general meeting to be held on May 23, 2025, in Hong Kong. The primary agenda is the consolidation of its shares, where every twenty existing shares will be consolidated into one share. This move is aimed at streamlining the company’s share structure without altering the relative rights of shareholders. The company also plans to disregard fractional shares resulting from the consolidation, potentially selling them for the company’s benefit. This strategic decision may impact the company’s market positioning by potentially increasing the share price and simplifying its capital structure.
More about Sinolink Worldwide Holdings
YTD Price Performance: -15.00%
Technical Sentiment Signal: Sell
Current Market Cap: $143.8M
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