Stemcell United Ltd. (AU:BP8) has released an update.
At the Extraordinary General Meeting on May 24, 2024, BPH Global Limited announced the successful passage of two key resolutions, following a poll vote among shareholders. The first resolution was a capital consolidation, and the second authorized the issuance of up to $1,000,000 worth of shares, both receiving significant support exceeding 83% in favor. The outcomes of these resolutions are expected to have a meaningful impact on the company’s financial strategy.
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