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An update from Wai Chun Group Holdings Limited ( (HK:1013) ) is now available.
Wai Chun Group Holdings Limited announced that the resolution proposed at their Special General Meeting on June 20, 2025, was passed. The resolution involved the approval of a subscription agreement for issuing convertible bonds worth HK$45,000,000 to Mr. Lam Ching Kui. This decision, ratified by shareholder vote, allows the company to issue new ordinary shares upon conversion of these bonds, potentially impacting the company’s capital structure and financial strategy.
More about Wai Chun Group Holdings Limited
Wai Chun Group Holdings Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company is involved in various business activities, though specific industry and market focus details are not provided in the announcement.
Average Trading Volume: 357,154
Technical Sentiment Signal: Buy
Current Market Cap: HK$74.87M
Learn more about 1013 stock on TipRanks’ Stock Analysis page.