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New Concepts Holdings Turns to Profit in Fiscal 2024; Shares Down 3%
New Concepts Holdings Schedules 2024 AGM
NEW CONCEPTS: Annual Report 2024
New Concepts (02221.HK) recommended increasing the statutory share capital to HKD 400 million.
Chuangye Group Holdings Limited (02221.HK) announced on June 25 that the company's board of directors proposed to increase the company's authorized share capital. As of the announcement date, the company's existing authorized share capital is HKD 200 million, consisting of 2 billion shares with a par value of HKD 0.10 per share. As of the announcement date, there were 1,606,132,134 issued shares, while 393,867,866 shares were authorized but not issued. In order to make the company's fundraising more flexible and promote future business growth, the board of directors proposes to issue an additional 2 billion new unissued shares, increasing the company's authorized share capital from HKD 200 million (consisting of 20
Express News | New Concepts - to Increase Share Capital to HK$400 Mln Dividend Into 40 Bln Shares of HK$0.1 Each
Express News | New Concepts - Proposed Increase in Authorised Share Capital
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