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Moody Technology Holdings’ Capital Reorganisation Plan Fails to Pass

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Moody Technology Holdings’ Capital Reorganisation Plan Fails to Pass

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An announcement from Moody Technology Holdings Limited ( (HK:1400) ) is now available.

Moody Technology Holdings Limited announced that the proposed resolution concerning the Capital Reorganisation was not approved by shareholders at a special general meeting held on February 7, 2025. As a result, the plan to reorganise capital will not proceed, leaving the company’s authorised and issued share capital unchanged. This decision means that previously expected changes to shares and trading arrangements will not take effect, maintaining the status quo in the company’s financial structure.

More about Moody Technology Holdings Limited

Moody Technology Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating in the technology sector. The company is listed on the Stock Exchange of Hong Kong, with a focus on capital management and shareholder engagement through meetings and resolutions.

YTD Price Performance: 70.0%

Average Trading Volume: 36,201,130

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$64.63M

Find detailed analytics on 1400 stock on TipRanks’ Stock Analysis page.

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