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HSC Resources Group Plans Capital Reorganization and Rights Issue
HSC RESOURCES (01850.HK) plans to conduct a 5-in-1 share consolidation followed by a 1-for-4 rights issue.
On December 19, Gelonghui announced that HSC RESOURCES (01850.HK) proposed to implement a capital restructuring in the following manner: (i) share consolidation, whereby every five (5) shares with a par value of HKD 0.20 each will be consolidated into one (1) share with a par value of HKD 1.00; (ii) capital reduction, whereby (a) immediately following the share consolidation, any fractional consolidated shares from the total number of consolidated shares will be canceled, reducing the total number of consolidated shares to the nearest whole number; and (b) by canceling 0.9 for each issued consolidated share.
Express News | HSC Resources - Rights Issue at Subscription Price of HK$0.53 per Share, Issuing up to 138.2 Mln Rights Shares
Express News | HSC Resources - Share Consolidation of Every 5 Issued Shares of Par Value of HK$0.20 Each Consolidated Into 1 Share of Par Value of HK$1.00 Each
HSC Resources Schedules Meeting for Interim Results
hsc resources (01850.HK): Maisie Mak Hsuet Man resigned as an independent non-executive director.
HSC Resources (01850.HK) announced on October 31st that starting from October 31, 2024: Mac Suet Man will resign as an independent non-executive director of the company; Chow Yee Mui will be appointed as a member of the Company's Remuneration Committee and Nomination Committee; Fu Rongguo will be appointed as the Chairman of the Company's Audit Committee; Ghanshyam Adhikari will be appointed as a member of the Company's Audit Committee.
