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Petro-king Oilfield Services Ltd. Announces AGM and Key Resolutions

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Petro-king Oilfield Services Ltd. Announces AGM and Key Resolutions

An announcement from Petro-king Oilfield Services Ltd. ( (HK:2178) ) is now available.

Petro-king Oilfield Services Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for May 8, 2025, in Hong Kong. The meeting will address several key resolutions, including the re-election of directors, the authorization of director remuneration, and the re-appointment of BDO Limited as the company’s auditor. Additionally, the AGM will consider a resolution to empower the company’s directors to issue additional shares, subject to certain conditions. This move could potentially impact the company’s capital structure and shareholder value, reflecting its strategic positioning and operational plans.

More about Petro-king Oilfield Services Ltd.

Petro-king Oilfield Services Ltd. is a company incorporated in the British Virgin Islands, operating within the oilfield services industry. The company primarily focuses on providing services related to oilfield operations, which may include drilling, well completion, and other related services.

YTD Price Performance: -16.67%

Average Trading Volume: 2,651,920

Technical Sentiment Signal: Buy

Current Market Cap: HK$86.33M

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