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China Metal Resources Utilization Ltd. ( (HK:1636) ) has provided an announcement.
China Metal Resources Utilization Ltd. announced the results of its Extraordinary General Meeting held on April 7, 2025. Key resolutions included the approval of a Convertible Note Subscription Agreement, which involves the issuance of convertible notes and the allotment of conversion shares. The meeting also addressed share consolidation, adjustments to outstanding share options, and updates on proposed capital reduction and share subdivision, which are expected to impact the company’s capital structure and shareholder value.
More about China Metal Resources Utilization Ltd.
China Metal Resources Utilization Ltd. is a company incorporated in the Cayman Islands, operating within the metal resources industry. The company is primarily focused on the utilization and management of metal resources, with a market focus on recycling and processing metal materials.
YTD Price Performance: -42.86%
Average Trading Volume: 1,420,857
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$268.9M
For a thorough assessment of 1636 stock, go to TipRanks’ Stock Analysis page.