Wenye Group Holdings Limited (HK:1802) has released an update.
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Wenye Group Holdings Limited is set to hold an extraordinary general meeting (EGM) on October 10, 2024, to discuss and potentially approve the issue of 237,600,000 new shares at HK$0.055 per share, based on subscription agreements with various investors. The meeting aims to authorize directors with a specific mandate to issue these shares, contingent on approval from the Hong Kong Stock Exchange. Shareholders are entitled to appoint proxies to vote on their behalf at the EGM.
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