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Tian Ruixiang Holdings ( (TIRX) ) has shared an update.
Tian Ruixiang Holdings Ltd has announced an extraordinary general meeting (EGM) for Class A Ordinary Shareholders on January 20, 2025, to be held both in Beijing, China, and virtually. The key agenda includes a proposal to significantly increase the voting power of Class B Ordinary Shares from 18 votes to 600 votes per share, which would dilute the voting power of Class A shares. This move, recommended by the Board of Directors, aims to alter the company’s governance structure, affecting shareholder dynamics and potentially impacting decision-making processes.
More about Tian Ruixiang Holdings
YTD Price Performance: -41.45%
Average Trading Volume: 81,136
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.82M
For detailed information about TIRX stock, go to TipRanks’ Stock Analysis page.
