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China Wah Yan Healthcare ( (HK:0648) ) has shared an announcement.
SoftMedx Healthcare Limited has called an extraordinary general meeting for 30 March 2026, to be held via online live webcast, seeking shareholder approval for a specific mandate to issue 16,301,841 new shares at HK$0.01 each. The mandate, which is in addition to any existing authorisations, will allow directors to allot scheme shares under a court-sanctioned arrangement with creditors, a step that signals ongoing balance-sheet restructuring and has potential implications for ownership dilution and the company’s capital structure.
Shareholders will not be able to attend the meeting in person and must register electronically to view the webcast and appoint proxies, including the chairman, to vote on their behalf. The company has also set a books-closure period from 25 to 30 March 2026 to determine voting entitlements, underscoring the procedural importance of the resolution for both existing shareholders and creditors as the firm advances its restructuring process.
More about China Wah Yan Healthcare
SoftMedx Healthcare Limited, formerly known in the market as China Wah Yan Healthcare, operates in the healthcare sector and is listed on the Hong Kong Stock Exchange. The company’s shareholder base includes both registered and non-registered investors who participate in corporate actions via the Hong Kong securities infrastructure.
Average Trading Volume: 2,198,309
Technical Sentiment Signal: Sell
Current Market Cap: HK$637.8M
For detailed information about 0648 stock, go to TipRanks’ Stock Analysis page.