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Renaissance Asia Silk Road Group Approves Share Consolidation and Bond Adjustments

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Renaissance Asia Silk Road Group Approves Share Consolidation and Bond Adjustments

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Renaissance Asia Silk Road Group Limited ( (HK:0274) ) has shared an announcement.

Renaissance Asia Silk Road Group Limited announced the successful passing of all resolutions at its Extraordinary General Meeting held on March 17, 2025, including a share consolidation and capital reduction. This will lead to adjustments in the conversion price of existing convertible bonds, effective March 19, 2025, impacting the company’s financial structuring and market operations.

More about Renaissance Asia Silk Road Group Limited

Renaissance Asia Silk Road Group Limited is a company incorporated in the Cayman Islands with limited liability, operating within the financial sector. The company is involved in capital reorganization activities, focusing on share consolidation and adjustments to convertible bonds.

YTD Price Performance: -41.00%

Average Trading Volume: 8,145,545

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$39.63M

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