Summary by Moomoo AI
JIAMIN GROUP LIMITED ANNOUNCES THAT AN EXTRAORDINARY GENERAL MEETING WILL BE HELD ON MARCH 21, 2024 TO CONSIDER THE ORDINARY RESOLUTION OF THE SHARE MERGER. THE MERGER WILL MERGE THE COMPANY'S EXISTING ORDINARY SHARES WITH A VALUE OF HK$0.01 PER TWO SHARES INTO ONE ORDINARY SHARE WITH A VALUE OF HK$0.02, THEREBY HALVING THE NUMBER OF SHARES IN THE COMPANY'S STATUTORY SHARE CAPITAL. In addition, any fractional shares generated by the merger will not be issued to shareholders, but will be sold or repurchased by the Company upon aggregation. The implementation conditions for the share combination include obtaining the approval of the GEM Listing Committee of the Hong Kong Stock Exchange Limited and compliance with relevant laws and regulations. The notice of the Extraordinary General Meeting was issued on 4 March 2024 and will be published on the Company's website and on the Exchange website.
