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Chong Fai Jewel plans to increase its registered capital to HKD 750 million and raise HKD 27 million by offering 1 share for every 3 shares.
Chong Fai Jewel (08537) announced that in order to adapt to the group's future expansion and growth, the board of directors recommends adding an additional 7.35 billion shares of unissued shares with a par value of 0.1 Hong Kong dollars per share (with equal rights to existing shares in all aspects), increasing the company's statutory share capital from HKD 15 million (divided into 150 million shares with a par value of 0.1 Hong Kong dollars per share) to HKD 750 million (divided into 7.5 billion shares with a par value of 0.1 Hong Kong dollars per share). The increase in statutory share capital will take effect on the same day as the general meeting of shareholders approves the resolution to increase the statutory share capital. To increase the statutory share capital.
Express News | Chong Fai Jewellery Group Holdings Co Ltd - Proposed Increase of Authorised Share Capital
Chuanghui Jewelry (08537) cuts 675 million shares due to share consolidation on a “10 and 1” basis
According to the Zhitong Finance App, Chuanghui Jewelry (08537) issued an announcement to cut 675 million shares due to share consolidation on a “10 and 1” basis.
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