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Sam Woo Construction Group Ltd. ( (HK:3822) ) has provided an update.
Sam Woo Construction Group Ltd. has announced an Extraordinary General Meeting (EGM) to be held on 12 February 2025 to discuss and potentially approve a share consolidation proposal. The proposal involves consolidating every twenty existing shares into one new consolidated share, effectively altering the company’s share structure. This move is likely to streamline the company’s share capital and potentially enhance shareholder value, while also affecting the liquidity and market perception of its stock.
More about Sam Woo Construction Group Ltd.
Sam Woo Construction Group Ltd. is a company incorporated in the Cayman Islands, operating in the construction industry. It is listed on the Stock Exchange of Hong Kong with stock code 3822. The company focuses on providing construction services and is involved in various construction projects.
YTD Price Performance: 17.50%
Average Trading Volume: 250,222
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$78.96M
For a thorough assessment of 3822 stock, go to TipRanks’ Stock Analysis page.
