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An announcement from Xinming China Holdings Limited ( (HK:2699) ) is now available.
Xinming China Holdings Limited has announced a revised timetable for its proposed capital reorganisation and rights issue. The company plans to offer four rights shares for every one adjusted share held, on a non-underwritten basis. The revised schedule includes key dates for the capital reorganisation and rights issue, which are contingent on certain conditions being met. This announcement could impact the company’s financial structure and shareholder value, as it aims to raise capital through this rights issue.
More about Xinming China Holdings Limited
YTD Price Performance: 150.0%
Average Trading Volume: 4,405,825
Technical Sentiment Signal: Sell
Current Market Cap: HK$46.97M
See more data about 2699 stock on TipRanks’ Stock Analysis page.