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Yues International Approves Rights Issue to Expand Capital

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Yues International Holdings Group Limited ( (HK:1529) ) just unveiled an update.

Yues International Holdings Group Limited, a company incorporated in the Cayman Islands, announced the results of its Extraordinary General Meeting (EGM) held on March 24, 2025. The meeting saw the approval of a resolution to issue up to 533,664,000 ordinary shares through a Rights Issue at a subscription price of HK$0.13 per share. This move is aimed at raising capital and potentially expanding the company’s shareholder base. The resolution was passed unanimously by the shareholders, indicating strong support for the company’s strategic direction.

More about Yues International Holdings Group Limited

YTD Price Performance: -33.62%

Average Trading Volume: 167,210

Technical Sentiment Signal: Buy

Current Market Cap: HK$20.81M

See more data about 1529 stock on TipRanks’ Stock Analysis page.

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