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Ta Yang Group Faces Board Compliance Challenge After Director Resignation
TA YANG GROUP (01991.HK): Wang Lina has resigned as an independent non-executive Director.
Gelonghui April 17丨TA YANG GROUP (01991.HK) announced that Ms. Wang Lina has resigned as an independent non-executive Director and a member of the company's audit committee, effective from April 17, 2025, in order to allocate more time to her personal and other Business commitments.
TA YANG GROUP (01991.HK): Lin Qiji has been appointed as the secretary and authorized representative.
Gelonghui, April 11, TA YANG GROUP (01991.HK) announced that starting from April 11, 2025, Xu Jiayuan has resigned as the company secretary and authorized representative. Lin Qiji has been appointed as the company secretary, authorized representative, and legal process agent, replacing Xu Jiayuan, effective from April 11, 2025.
Ta Yang Group Holdings Updates on Share Issuance and Fund Allocation
TA YANG GROUP (01991.HK) intends to issue a total of 0.12 billion shares at a premium of approximately 21.95%, raising a net amount of 12 million Hong Kong dollars.
On April 1, Gelonghui reported that TA YANG GROUP (01991.HK) announced that on April 1, 2025, the company entered into a subscription agreement with subscribers. According to this agreement, the subscribers have conditionally agreed to subscribe, and the company has conditionally agreed to allot and issue a total of 0.12 billion subscription shares at a subscription price of HK$0.1 per share. Each subscriber's responsibilities under the subscription agreement are based on individual benchmarks (not on a joint basis or on both joint and individual bases), and their rights are separate and independent. No placing agent has been appointed for the subscription matter. The subscription price is lower than the closing price of the shares reported on April 1, 2025, on the Stock Exchange (i.e., as at the subscription agreement.
Express News | Ta Yang Group - to Issue 120 Mln Subscription Shares at HK$0.1 per Share
The Price Is Right For Ta Yang Group Holdings Limited (HKG:1991) Even After Diving 28%
