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Express News | China Zenith Chemical Group Ltd - Winding up Petition Adjourned to 17 March 2025
Hong Kong stocks movement | C ZENITH CHEM (00362) fell over 25% during the session. The company intends to undergo a capital restructuring, with a total market value of less than 30 million Hong Kong dollars.
C ZENITH CHEM (00362) fell over 25% during the session, as of the time of writing, it was down 25%, priced at 0.021 Hong Kong dollars, with a turnover of 0.6118 million Hong Kong dollars. The company's total market value is below 30 million Hong Kong dollars.
C ZENITH CHEM (00362.HK) plans to conduct a "40-to-1" share consolidation followed by a "1-for-2" rights issue.
On March 3, Gelonghui announced that C ZENITH CHEM (00362.HK) proposed a capital restructuring, which involves (i) a share consolidation, whereby every forty (40) existing shares will be consolidated into one (1) consolidated share; (ii) a capital reduction, whereby the issued share capital of the company will be reduced in the following manner: (a) canceling any fractional shares of the consolidated shares in the issued share capital, thereby bringing the total number of consolidated shares in the issued share capital down to the nearest whole number; and (b) canceling the company’s paid-up capital at a limit of 3.9 Hong Kong dollars per currently issued consolidated share to adjust the par value of each issued consolidated share.
Express News | China Zenith Chemical - Proposes Rights Issue on Basis of 2 Rights Shares for Every 1 Adjusted Share at Subscription Price of HK$0.92 per Share
C ZENITH CHEM (00362) released its interim results, with a loss attributable to Shareholders of 66.559 million HKD, a year-on-year decrease of 21.34%.
C ZENITH CHEM (00362) announced its interim results for the six months ending December 31, 2024. The group has taken...
C ZENITH CHEM: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 31 DECEMBER 2024
China Zenith Chemical Group Limited (HKG:362) Not Doing Enough For Some Investors As Its Shares Slump 31%
