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Many Idea Cloud Holdings Limited ( (HK:6696) ) has issued an update.
Many Idea Cloud Holdings Limited has announced an Extraordinary General Meeting (EGM) scheduled for February 10, 2025, in Xiamen, China. The meeting will focus on two main resolutions: a share consolidation where every twenty issued and unissued ordinary shares will be consolidated into one, and an increase in the company’s authorized share capital from HK$1,000,000 to HK$2,000,000. These actions aim to streamline the company’s share structure and enhance its capital base, which could potentially improve market positioning and shareholder value.
More about Many Idea Cloud Holdings Limited
Many Idea Cloud Holdings Limited is a company incorporated in the Cayman Islands and is publicly listed with the stock code 6696. The company operates within the technology sector, focusing on cloud-based solutions and services.
YTD Price Performance: -35.08%
Average Trading Volume: 10,618,966
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on 6696 stock on TipRanks’ Stock Analysis page.
