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HSC Resources Group Delays Circular Dispatch for Capital Reorganization

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HSC Resources Group Delays Circular Dispatch for Capital Reorganization

Windmill Group Ltd. ( (HK:1850) ) has shared an update.

HSC Resources Group Limited, formerly known as WINDMILL Group Limited, has announced a delay in the dispatch of its Circular related to a proposed capital reorganization and rights issue. The company plans to issue four rights shares for every one adjusted share held, though the dispatch of the Circular has been postponed to March 14, 2025, affecting the overall timetable for these financial maneuvers. This delay may impact stakeholders’ expectations and the company’s financial strategy execution.

More about Windmill Group Ltd.

YTD Price Performance: 35.00%

Average Trading Volume: 530,030

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$27.99M

Learn more about 1850 stock on TipRanks’ Stock Analysis page.

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