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Neo-Concept Proposes Share Reclassification to Adjust Voting Structure

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An update from Neo-Concept International Group Holdings Limited ( (NCI) ) is now available.

On February 10, 2025, Neo-Concept International Group Holdings Limited announced an extraordinary general meeting scheduled for March 3, 2025, to propose a reclassification of its authorized share capital. The proposal involves reclassifying 780 million shares into Class A and 20 million shares into Class B, with each Class B share carrying thirty votes. This strategic move aims to alter the voting structure, potentially impacting the governance dynamics within the company.

More about Neo-Concept International Group Holdings Limited

YTD Price Performance: -10.50%

Average Trading Volume: 879,666

Technical Sentiment Consensus Rating: Strong Buy

For detailed information about NCI stock, go to TipRanks’ Stock Analysis page.

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