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Zhong Jia Guo Xin Holdings Announces Capital Reorganization Plan

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Zhong Jia Guo Xin Holdings Announces Capital Reorganization Plan

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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.

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