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CSI Properties Announces Share Consolidation and Rights Issue

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CSI Properties Announces Share Consolidation and Rights Issue

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The latest announcement is out from CSI Properties ( (HK:0497) ).

CSI Properties Limited, a real estate company incorporated in Bermuda, has announced a special general meeting to discuss significant resolutions, including a share consolidation and an increase in authorized share capital. The proposed changes aim to consolidate every two existing shares into one new share and increase the authorized share capital, which may impact the company’s stock market activities and overall financial structure. Additionally, a rights issue is proposed, offering new shares to existing shareholders, which could influence shareholder value and company capital.

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