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The latest update is out from Asia Resources Holdings Limited ( (HK:0899) ).
Zhong Jia Guo Xin Holdings Company Limited has announced a special general meeting to discuss a proposed capital reorganization. The reorganization involves consolidating every ten existing shares into one consolidated share, reducing the issued share capital, and subdividing authorized but unissued shares. This move is intended to streamline the company’s share structure and potentially enhance its market position.
More about Asia Resources Holdings Limited
Average Trading Volume: 5,281,619
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$99.85M
For a thorough assessment of 0899 stock, go to TipRanks’ Stock Analysis page.