Sinotrans Proposes Capital Reduction and Amendments to Articles of Association
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Sinotrans Limited has announced a proposed reduction of its registered capital and amendments to its articles of association following the cancellation of over 98 million A shares. This move aims to streamline the company's capital structure and enhance shareholder value, pending shareholder and regulatory approval. The latest analyst rating for Sinotrans stock is a Buy with a HK$5.00 price target.
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