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Volcano Spring Announces EGM for Share Capital Increase and Rights Issue

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Volcano Spring Announces EGM for Share Capital Increase and Rights Issue

Confident Investing Starts Here:

Miji International Holdings Limited ( (HK:1715) ) just unveiled an update.

Volcano Spring International Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced an extraordinary general meeting to discuss increasing its authorized share capital from HK$100 million to HK$150 million. The meeting will also address a rights issue, offering up to 353,766,000 ordinary shares at HK$0.25 each to qualifying shareholders, with the aim of raising additional capital for the company. This move is expected to enhance the company’s financial flexibility and potentially improve its market position.

More about Miji International Holdings Limited

YTD Price Performance: 2.35%

Average Trading Volume: 285,902

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$25.71M

See more insights into 1715 stock on TipRanks’ Stock Analysis page.

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