tiprankstipranks
Wai Chun Group Approves Key Capital Restructuring
Company Announcements

Wai Chun Group Approves Key Capital Restructuring

Story Highlights

Stay Ahead of the Market:

Wai Chun Group Holdings Limited ( (HK:1013) ) has shared an announcement.

Wai Chun Group Holdings Limited has announced that all resolutions proposed at its Special General Meeting held on January 8, 2025, were successfully passed. The meeting involved a significant capital reduction move, reducing the par value of each issued ordinary share from HK$0.8 to HK$0.01, which resulted in the company’s issued share capital decreasing from HK$213,911,624.80 to HK$2,673,895.31. This decision reflects the company’s strategic financial restructuring effort.

More about Wai Chun Group Holdings Limited

YTD Price Performance: 1.67%

Average Trading Volume: 202,837

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$32.62M

For detailed information about 1013 stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles