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Luxxu Group Ltd. Announces Capital Restructure and Rights Issue
Luxxu Group (01327.HK) suggests conducting a capital restructuring.
On December 2, Gelonghui reported that luxxu group (01327.HK) announced that the board of directors proposed a capital reorganization, which involves a share merger, capital reduction, and share split. It is proposed that every 5 existing shares with a nominal value of HKD 0.10 will be merged into 1 merged share with a nominal value of HKD 0.50; the company will reduce the issued capital by cancelling the paid-up capital of HKD 0.49 for each issued merged share, and the nominal value of each issued merged share will be reduced from HKD 0.50 to HKD 0.01. The amount generated from the capital reduction will be used to offset the company's capital reduction expenses.
Express News | Luxxu Group - Every 5 Issued & Unissued Shares of Value of HK$0.10 Each Consolidated Into 1 Share of HK$0.50 Each
LUXXU GROUP: Interim Report 2024
Luxxu Group [01327] is now trading at 0.058 Hong Kong dollars, with a significant increase of 26.09%.
As of 14:56, Luxxu Group [01327] reported a stock price of 0.058 Hong Kong dollars, up 0.012 Hong Kong dollars or 26.09% from the previous closing price of 0.046 Hong Kong dollars. The trading volume was 0.0056 million Hong Kong dollars. The highest price today was 0.058 Hong Kong dollars, and the lowest price was 0.05 Hong Kong dollars. Based on the closing price yesterday, the 10-day average price is 0.07 Hong Kong dollars, and the 50-day average price is 0.08 Hong Kong dollars. The current P/E ratio is -0.80 times, and the 14-day strength index is 41.94.
LUXXU GROUP: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
