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Wan Kei Group Proposes Significant Increase in Authorized Share Capital
Acer Group Holdings (01718.HK): plans to increase the company's authorized share capital from 20 million HKD to 0.1 billion HKD.
On January 27, Gelonghui reported that Hongji Group Holdings (01718.HK) announced a proposal from the Board of Directors to increase the company's registered capital from 20 million Hong Kong dollars (divided into 0.2 billion shares with a par value of 0.10 Hong Kong dollars each) to 0.1 billion Hong Kong dollars (divided into 1 billion shares with a par value of 0.10 Hong Kong dollars each) through the issuance of an additional 0.8 billion unissued shares, in order to enhance the company's flexibility in fundraising through a rights issue to support future expansion and development. These shares will enjoy equal status with the existing shares in all respects.
Wan Kei Proposes One-for-One Rights Issue
Acer Group Holdings (01718) plans a "1 for 1" benchmark rights issue.
Acorn Group Holdings (01718) published an announcement, indicating that the Board of Directors recommends a plan based on (including) 1 share held for the record date...
Express News | Wan Kei Group - Proposed Rights Issue on Basis of 1 Rights Share for Every 1 Share
Wan Kei Group Holdings Limited's (HKG:1718) Shares Climb 45% But Its Business Is Yet to Catch Up
Clearspace : what will happen next?