Shin Hwa World Limited (HK:0582) has released an update.
Shin Hwa World Limited announced the successful passage of all proposed resolutions during their Special General Meeting on June 13, 2024, including share consolidation, capital reduction, and amendments to the company’s bye-laws. With a unanimous vote from shareholders, the capital reorganisation measures and the rights issue were approved, signaling a strategic move that could impact the company’s financial structure.
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