Enviro Energy International Holdings Limited (HK:1102) has released an update.
Enviro Energy International Holdings Limited has successfully completed the issuance of new shares for debt capitalization and the proposed increase in authorized share capital, significantly altering the company’s shareholding structure. The completion has resulted in the allotment and issue of approximately 62.32% of the enlarged issued share capital to creditors, with the overall share count increasing to 1,439,385,743 shares. This strategic financial restructuring is aimed at improving the company’s balance sheet and positioning it for future growth.
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