Shin Hwa World Limited (HK:0582) has released an update.
Shin Hwa World Limited announced a Special General Meeting to be held on June 13, 2024, to discuss a major Capital Reorganisation, which includes consolidating shares and reducing share capital to offset accumulated losses. The company also plans to propose amendments to its bye-laws, which shareholders are to consider and approve. These changes aim to strengthen the company’s financial structure and align with legal requirements.
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