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Tesson Proposes Capital Reorganization
Tesso to Establish JV Companies in China for Assembly, Sales of Lithium Batteries
Tesson Holdings (01201) plans to conduct a stock consolidation at a ratio of "10 to 1".
tesson holdings (01201) announced that the board of directors has proposed to implement a share capital restructuring, which consists of the following items: conducting a share...
Tesson Holdings (01201.HK) established a joint venture company in China to develop, assemble, and sell lithium battery packs.
Grace 11th, Tian Chen Holdings (01201.HK) announced that on November 1, 2024, the company entered into a joint venture agreement with its partner Aerospace Lithium Technology (Hong Kong) Co., Ltd., agreeing to establish a joint venture company. According to the joint venture agreement, the company and its partner will make cash contributions in proportion to their respective shares of the registered capital of the joint venture company in China, with the company contributing RMB 153,000,000 and the partner contributing RMB 147,000,000. The business scope of the joint venture company is to develop, assemble, and sell lithium battery packs in China, with an expected.
Tesson Holdings (01201.HK) recommends implementing share capital restructuring.
Granolu November 1st tesson holdings (01201.HK) announcement, the board of directors proposed to implement the share capital restructuring, which consists of the following items: (1) Share consolidation, proposing a '10-for-1' consolidation of shares. (2) Following the effectiveness of share consolidation, share capital reduction and split will be implemented as follows: (i) Share capital reduction, on this basis (a) cancel any fractional consolidation shares generated by share consolidation in the company's issued share capital; and (b) limit the cancellation of paid-up capital to 0.9 Hong Kong dollars per share of the issued consolidated shares at that time, changing the face value of each issued consolidated share from 1.0
Express News | Tesson - Total Registered Share Capital of Jv Co RMB300 Mln
More Unpleasant Surprises Could Be In Store For Tesson Holdings Limited's (HKG:1201) Shares After Tumbling 28%No Data
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