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The latest update is out from Tianli Holdings Group Limited ( (HK:0117) ).
Tianli Holdings Group Limited has proposed an increase in its authorised share capital from HK$10,000,000 to HK$50,000,000, allowing for the creation of an additional 4 billion shares. This move is aimed at providing the company with greater flexibility to raise funds for potential growth and development, although there are no immediate plans for equity fundraising. The proposal is subject to shareholder approval at an upcoming extraordinary general meeting.
More about Tianli Holdings Group Limited
Tianli Holdings Group Limited is incorporated in the Cayman Islands and operates with limited liability. The company, along with its subsidiaries, is involved in various business activities, although specific industries and market focus are not detailed in the announcement.
Average Trading Volume: 322,285
Technical Sentiment Signal: Buy
Current Market Cap: HK$417.1M
Learn more about 0117 stock on TipRanks’ Stock Analysis page.