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Xinming China Revises Timetable for Capital Reorganisation and Rights Issue

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Xinming China Revises Timetable for Capital Reorganisation and Rights Issue

Confident Investing Starts Here:

An update 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 outlines key dates for the capital reorganisation and rights issue, including the effective date and trading commencement of adjusted shares. These changes are contingent upon the fulfillment of certain conditions, and the dates remain tentative.

More about Xinming China Holdings Limited

Average Trading Volume: 4,701,822

Technical Sentiment Signal: Hold

Current Market Cap: HK$31.94M

For a thorough assessment of 2699 stock, go to TipRanks’ Stock Analysis page.

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