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South Manganese Investment Limited ( (HK:1091) ) has provided an announcement.
South Manganese Investment Limited announced the successful approval of a debt reduction proposal during its special general meeting held on July 9, 2025. The resolution received overwhelming support, with nearly all votes cast in favor, indicating strong shareholder backing for the company’s financial restructuring efforts. This move is expected to enhance the company’s financial stability and potentially improve its market position.
More about South Manganese Investment Limited
South Manganese Investment Limited operates in the mining industry, focusing on the extraction and processing of manganese, a critical component in steel production and other industrial applications. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 7,642,994
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.17B
See more insights into 1091 stock on TipRanks’ Stock Analysis page.