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Sinotrans Plans A Share Buyback and Capital Reduction
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Sinotrans Plans A Share Buyback and Capital Reduction

Sinotrans (HK:0598) has released an update.

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Sinotrans Limited has announced plans to repurchase A shares through centralized bidding, leading to a reduction in the company’s registered capital. Creditors are invited to submit claims for their rights within a specified period to ensure their debts are addressed. This move is part of Sinotrans’ broader strategy to optimize its capital structure.

For further insights into HK:0598 stock, check out TipRanks’ Stock Analysis page.

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