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OrbusNeich to Re-evaluate Share Issuance Strategy

OrbusNeich to Re-evaluate Share Issuance Strategy

OrbusNeich Medical Group Holdings Limited (HK:6929) has released an update.

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OrbusNeich Medical Group Holdings Limited has scheduled an extraordinary general meeting on December 6, 2024, to discuss revoking and potentially amending the existing mandate for issuing shares. Shareholders will vote on a new resolution to allow directors broader authority in dealing with the company’s share capital, capped at 20% of issued shares. This move aims to provide the company with greater flexibility in managing its financial strategies.

For further insights into HK:6929 stock, check out TipRanks’ Stock Analysis page.

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