-+ 0.00%
-+ 0.00%
-+ 0.00%
According to the Zhitong Finance App, Milan Station (01150.HK) issued an announcement. On the date of this announcement, the Company's authorized share capital was HK$80 million (divided into 2 billion existing shares). In order to enable the Company to obtain greater flexibility in raising capital, cope with the Group's future business expansion and growth, and provide greater flexibility for future expansion of the Company's share capital, the Board of Directors recommended increasing the Company's authorized share capital to HK$400 million (divided into 10 billion existing shares). The proposed increase in authorized share capital must be approved by shareholders in the form of an ordinary resolution at the special shareholders' meeting before it can be implemented.
Share
Listen to the news
According to the Zhitong Finance App, Milan Station (01150.HK) issued an announcement. On the date of this announcement, the Company's authorized share capital was HK$80 million (divided into 2 billion existing shares). In order to enable the Company to obtain greater flexibility in raising capital, cope with the Group's future business expansion and growth, and provide greater flexibility for future expansion of the Company's share capital, the Board of Directors recommended increasing the Company's authorized share capital to HK$400 million (divided into 10 billion existing shares). The proposed increase in authorized share capital must be approved by shareholders in the form of an ordinary resolution at the special shareholders' meeting before it can be implemented.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending