Lianhua Supermarket Schedules EGM for Corporate Actions

Lianhua Supermarket Holdings Co (HK:0980) has released an update.

Lianhua Supermarket Holdings Co., Ltd. has announced an extraordinary general meeting (EGM) to discuss and potentially approve a series of significant corporate actions, including a Domestic Share Subscription, amendments to the Articles of Association, and a Whitewash Waiver to prevent a mandatory general offer. The EGM is scheduled for August 27, 2024, in Shanghai, and will address the issuance of 360 million new Domestic Shares at a subscription price of RMB1.00 each, among other agenda items outlined in the company’s recent circular.

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