China Water Industry Group Limited (HK:1129) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.
For further insights into HK:1129 stock, check out TipRanks’ Stock Analysis page.