China Parenting Network Holdings Limited ( (HK:1736) ) has shared an update.
China Parenting Network Holdings Limited has announced an extraordinary general meeting to consider resolutions related to a share consolidation and capital reduction. The proposed share consolidation will convert every eight existing shares into one consolidated share, while the capital reduction will decrease the par value of each consolidated share. These actions are subject to approvals from the Hong Kong Stock Exchange and the Grand Court of the Cayman Islands, and are aimed at optimizing the company’s capital structure.
More about China Parenting Network Holdings Limited
China Parenting Network Holdings Limited operates in the parenting industry, focusing on providing online platforms and services for parents in China. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -30.0%
Average Trading Volume: 1,279,456
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.36M
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