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Express News | Shares of Chinese Property Developer Yuzhou Set to Open Down 6%
Zhongzhi Research Institute: The year-on-year decline in the total amount of land acquisition by the TOP100 real estate companies has slightly widened. State-owned enterprises and local state-owned assets remain the block orders.
Overall, in 2024, the national land market still shows a trend of shrinking volume, with real estate companies remaining cautious in land acquisition. Top companies have a low land acquisition to sales ratio, with the average land acquisition to sales ratio of the top 20 companies being less than 20%.
yuzhou group (01628) plans to issue 5.645 billion shares and implement a stock consolidation.
yuzhou group (01628) announced that after the effective date of the restructuring, the company will issue shares at the exchange price on the effective date of the restructuring...
yuzhou group intends to conduct a rights issue based on a "100 shares for every 49 shares" basis, with a maximum net proceeds of approximately 0.1102 billion Hong Kong dollars.
Yuzhou Group (01628) announced that the company proposes to make a rights issue at a subscription price of HKD 0.035 per share, based on a basis of receiving 49 shares for every 100 shares held on the record date. The rights issue will involve issuing up to 3.2065 billion shares to eligible shareholders (assuming the number of issued shares remains unchanged on or before the record date) to raise a maximum of about HKD 0.1122 billion (net of professional fees and other related expenses). The estimated net proceeds from the rights issue will be up to about HKD 0.1102 billion (assuming full subscription to the rights issue; and the number of issued shares remains unchanged on the record date or
yuzhou group (01628) plans to conduct a rights issue at a basis of "100 shares for every 49 shares", with a maximum net proceeds of approximately 0.1102 billion Hong Kong dollars.
yuzhou group (01628) announced that the company proposes to subscribe at a subscription price of HK$0.035 per share...
Express News | Yuzhou - Share Consolidation for Every 10 Issued & Unissued Existing Shares of Par Value of HK$0.10 Each Consolidated Into 1 Share of HK$1.00 Each
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