China Wacan Group Proposes Share Capital Increase and New Share Scheme
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China Wacan Group Company Limited has proposed to increase its authorized share capital from HK$40,000,000 to HK$120,000,000 to support future business growth. This proposal, along with a new share scheme replacing the 2019 Share Option Scheme, requires shareholder approval at an Extraordinary General Meeting. The changes align with recent amendments to Chapter 17 of the Listing Rules.
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