77jl.com
flybox| Xintian Real Estate Group (00760.HK): Capital restructuring plan was introduced, reducing the par value per share to HK$0.01
editor 2024-05-11 03:49:37
54

Newsletter summary

Xintian Real Estate Group (00760.HK) plans to restructure its share capitalFlyboxIncluding reduction of issued share capital, share split, premium reduction and contributed surplus credit.

Text of news flash

[Xintian Real Estate Group (00760.HK) promotes its equity restructuring plan, which aims to optimize its capital structure]

The board of directors of Xintian Real Estate Group (00760.HK) revealed that the company is actively promoting an equity restructuring plan aimed at optimizing its capital structure and improving its financial stability. The plan includes steps such as equity reduction, share split, reduction of share premium and credit of contributed surplus to meet market competition and investor demand.

flybox| Xintian Real Estate Group (00760.HK): Capital restructuring plan was introduced, reducing the par value per share to HK<p>.01In terms of capital reduction, the company plans to reduce its total share capital by cancelling the paid-in share capital of HK $0.07 per issued share from HK $0.08 to HK $0.01 per share. Meanwhile, the company will press 1

Flybox

An unissued share with a face value of HK $0.08 is split to increase the number of shares.

In addition, Xintian property Group will also reduce the full credit of the share premium account to zero, and transfer the income arising from the equity reduction and the reduction of share premium to the contributed surplus account. The Board has been authorized to apply the contributed surplus account credit in any manner in accordance with the Bye-laws, the companies Law and all applicable laws.

{html}The implementation of the equity restructuring plan will help Xintian Real Estate Group optimize its capital structure and improve financial stability and market competitiveness. Investors can closely follow the follow-up progress of the plan to make informed investment decisions.{html}
Related recommendations
multiplayvideopoker|Across China: Guarding greenery on northeast China's Changbai Mountain
multiplayvideopoker|Across China: Guarding greenery on northeast China's Changbai Mountain
Jia Xiang checks the condition of Thuja koraiensis at a seedling base of the Changbai Mountain scientific research institute in northea...
crashbandicootbrother|Villagers dry agricultural products in county of Yichun, E China
crashbandicootbrother|Villagers dry agricultural products in county of Yichun, E China
Villagers dry agricultural products in Lutian Village of Tonggu Countycrashbandicootbrother, Yichun City, east China's Jiangxi Province...
kingcomcandycrushsodasaga|China's Gansu launches support policies for signature beef noodles industry
kingcomcandycrushsodasaga|China's Gansu launches support policies for signature beef noodles industry
LANZHOU, Augkingcomcandycrushsodasaga. 26 (Xinhua) -- Northwest China's Gansu Province has introduced its first support policy system f...
buffalorisingmegawaysfree|Chinese premier urges high-quality development of elderly care services
buffalorisingmegawaysfree|Chinese premier urges high-quality development of elderly care services
Chinese Premier Li Qiang presides over a study session held by the State Council in Beijing, capital of China, Augbuffalorisingmegaways...
hiddendragontiger|Hamas says Israel should be bound by past ceasefire talks
hiddendragontiger|Hamas says Israel should be bound by past ceasefire talks
GAZAhiddendragontiger, Aug. 25 (Xinhua) -- Hamas said on Sunday that its delegation demanded Israel be bound by what was agreed upon on...
dotty'svideopoker|Netanyahu warns of further action after &quot;preemptive&quot; airstrikes in Lebanon
dotty'svideopoker|Netanyahu warns of further action after &quot;preemptive&quot; airstrikes in Lebanon
JERUSALEMdotty'svideopoker, Augdotty'svideopoker. 25 (Xinhua) -- Israeli Prime Minister Benjamin Netanyahu warned Hezbollah and Iran th...
poker3|Participants of cross-Strait journalism camp visit Great Wall in Beijing
poker3|Participants of cross-Strait journalism camp visit Great Wall in Beijing
Participants of a cross-Strait journalism camp pose for a photo at Mutianyu section of the Great Wall in Beijingpoker3, capital of Chin...
megamillionsticketcost|China provides subsidies to boost home appliance trade-ins
megamillionsticketcost|China provides subsidies to boost home appliance trade-ins
BEIJINGmegamillionsticketcost, Aug. 25 (Xinhua) -- Chinese authorities are offering financial incentives to encourage consumers to repl...
crashbandicootnsanetrilogydownload|Chinese premier calls for strengthening global cooperation to boost robot industry
crashbandicootnsanetrilogydownload|Chinese premier calls for strengthening global cooperation to boost robot industry
BEIJING, Augcrashbandicootnsanetrilogydownload. 25 (Xinhua) -- Chinese Premier Li Qiang has emphasized the need to foster an open envir...
playtoearncryptogamesfreetoplay|Chinese swimmer Sun Yang wins first gold after long suspension
playtoearncryptogamesfreetoplay|Chinese swimmer Sun Yang wins first gold after long suspension
Gold medalist Sun Yang(C)playtoearncryptogamesfreetoplay, silver medalist Xu Haibo(L) and bronze medalist Xu Yizhou pose for group phot...