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Wan Kei Group Holdings Limited ( (HK:1718) ) has provided an announcement.
Wan Kei Group Holdings Limited, a company involved in the construction and engineering sector, has announced a proposed increase in its authorized share capital. This strategic move aims to support the company’s future expansion and fund-raising activities through a Rights Issue. The proposal, which requires shareholder approval at an upcoming extraordinary general meeting (EGM), involves increasing the authorized share capital from HK$20,000,000 to HK$100,000,000 by creating an additional 800,000,000 shares. The board believes this increase aligns with the interests of the company and its shareholders.
More about Wan Kei Group Holdings Limited
YTD Price Performance: 0.0%
Average Trading Volume: 643,825
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$33.61M
For detailed information about 1718 stock, go to TipRanks’ Stock Analysis page.