China Water Industry Group Limited (HK:1129) has released an update.
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China Water Industry Group Limited is set to undergo a financial restructuring through a share consolidation, altering the board lot size for trading, and launching a rights issue aimed at raising HK$129.31 million. The share consolidation will convert every ten existing shares into one, subject to shareholder approval. Investors are advised to exercise caution and seek professional advice when dealing with the company’s securities during this period.
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