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China Water Industry Group Limited's (HKG:1129) Popularity With Investors Under Threat As Stock Sinks 28%
water industry (01129.HK) established an independent director's committee.
GrainStock News October 7th | water industry group (01129.HK) announced that the Independent Directors' Committee, composed of all independent non-executive directors (Mr. Wong Siu Keung, Mr. Lam Cheung Shing, and Mr. Mak Ka Wing), has been established to provide opinions to independent shareholders on whether the terms of the rights issue are fair and reasonable and in line with the overall interests of the company and shareholders, and to provide opinions on how to vote at the special general meeting to independent shareholders.
water industry (01129) appoints Yanfeng Enterprise Finance as independent financial advisor.
Water Industry (01129) announced that all independent non-executive directors (Mr. Huang Zhaoqiang, Mr. Lin Changsheng...
China Water Industry Announces Major Restructuring
water industry (01129.HK) proposes a "10-for-1" share consolidation.
Grayscale on October 4th, China Water Industry Group (01129.HK) announced that the company proposes a "10-for-1" share consolidation. Upon the effective date of the share consolidation, the board of directors proposes to change the trading unit on the Stock Exchange of Hong Kong from 8,000 existing shares to 4,000 consolidated shares per lot. The company proposes a basis of issuing 1 share of rights shares for every 1 share held of the consolidated shares on the record date, and to issue up to 0.287 billion shares of rights shares at a subscription price of 0.45 Hong Kong dollars per share, raising a maximum total proceeds of approximately 129.31 million Hong Kong dollars. After deducting all relevant expenses, the maximum proceeds from the rights issue.
Express News | China Water Industry - Proposes Share Consolidation on Basis That 10 Existing Shares Be Consolidated Into 1
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