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YGM Trading Limited ( (HK:0375) ) has provided an update.
YGM Trading Limited has announced a proposed capital reduction, intending to decrease its share capital from HK$383,909,000 to HK$20,000,000. This move aims to create a capital reduction reserve, which will be considered as realized profit to offset accumulated losses or make distributions to shareholders. The company assures that this reduction will not affect its net asset value, business operations, or shareholder interests, and it will maintain its ability to meet liabilities as they arise.
The most recent analyst rating on (HK:0375) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on YGM Trading Limited stock, see the HK:0375 Stock Forecast page.
More about YGM Trading Limited
YGM Trading Limited is a company incorporated in Hong Kong with limited liability, primarily involved in the trading industry. The company is listed on the Stock Exchange of Hong Kong and focuses on managing its financial and operational strategies to enhance shareholder value.
Average Trading Volume: 64,237
Technical Sentiment Signal: Buy
Current Market Cap: HK$174.2M
For a thorough assessment of 0375 stock, go to TipRanks’ Stock Analysis page.