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Zhuguang Holdings Approves New Share Issuance
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Zhuguang Holdings Approves New Share Issuance

Zhuguang Holdings Group Co., Ltd. (HK:1176) has released an update.

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Zhuguang Holdings Group Co., Ltd. has successfully passed a resolution during their Special General Meeting held on August 16, 2024, with a 99.93% approval from independent shareholders. The resolution approves a subscription agreement for issuing 1,625,000,000 new shares at HK$0.20 each to Rong De Investments Limited, under specific terms and conditions. This move is set to potentially reshape the company’s share structure and capital.

For further insights into HK:1176 stock, check out TipRanks’ Stock Analysis page.

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