Xinming China Holdings Approves Capital Reorganisation and Rights Issue

An update from Xinming China Holdings Limited ( (HK:2699) ) is now available.

Xinming China Holdings Limited announced the successful passing of all proposed resolutions during its Extraordinary General Meeting held on March 13, 2025. The resolutions included a Capital Reorganisation and a Rights Issue, both receiving unanimous approval from shareholders. This strategic move is expected to significantly increase the company’s issued shares, impacting its capital structure and potentially enhancing its market position.

More about Xinming China Holdings Limited

YTD Price Performance: 40.0%

Average Trading Volume: 21,876,107

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$26.3M

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