Summary by Moomoo AI
c zenith chem group limited (the "Company") will hold an extraordinary general meeting of shareholders in Central, Hong Kong at four thirty in the afternoon on 17th October 2024 to consider approving the placement agreement entered into with Wealth Securities Financial Limited. The agreement was signed on 20th September 2024, proposing to place up to 0.6 billion shares at a price of 0.1 Hong Kong dollars per share. Shareholders will vote on this ordinary resolution and authorize the board of directors to exercise the power to distribute and issue shares in accordance with the terms of the agreement. The extraordinary general meeting will decide whether to approve, confirm, and retroactively ratify the placement agreement and its trade. To ensure that shareholders have the right to attend and vote, share transfer registration procedures will be suspended from 14th to 17th October 2024. Shareholders must submit transfer documents before four thirty in the afternoon on 10th October 2024 to qualify for attendance and voting.
