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China Wah Yan Healthcare ( (HK:0648) ) has issued an update.
SoftMedx Healthcare Limited has called an extraordinary general meeting for 15 May 2026 in Hong Kong to seek shareholder approval for a proposed share consolidation. The plan would consolidate every 20 existing ordinary shares into one consolidated share, with all resulting shares ranking equally and fractional entitlements aggregated and retained for the company’s benefit.
The share consolidation is conditional on approval from the Hong Kong Stock Exchange for the listing and dealing in the consolidated shares, as well as compliance with relevant Hong Kong laws and listing rules. The board is seeking authority for any director to implement the consolidation, while setting out standard proxy, voting, and share registration arrangements for shareholders wishing to attend and vote at the meeting.
More about China Wah Yan Healthcare
SoftMedx Healthcare Limited operates in the healthcare sector and is listed on the Hong Kong Stock Exchange. The company’s shares are publicly traded, and it is governed by a board comprising one executive director and three independent non-executive directors, reflecting a standard Hong Kong-listed corporate governance structure.
Average Trading Volume: 2,591,580
Technical Sentiment Signal: Hold
Current Market Cap: HK$632M
For an in-depth examination of 0648 stock, go to TipRanks’ Overview page.