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HSC Resources Group Delays Circular Dispatch, Revises Timetable for Capital Reorganization

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HSC Resources Group Delays Circular Dispatch, Revises Timetable for Capital Reorganization

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

HSC Resources Group Limited has announced a delay in the dispatch of a Circular related to its proposed capital reorganization and rights issue. The rights issue is structured to offer four rights shares for every one adjusted share held. The delay necessitates a revised timetable for the associated events, including the Extraordinary General Meeting (EGM), which is now expected on March 7, 2025. This change impacts the company’s planned capital restructuring and may affect shareholder engagement and the execution timeline.

More about Windmill Group Ltd.

YTD Price Performance: 50.0%

Average Trading Volume: 645,152

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$31.1M

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

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