Silkwave Issues Circular and Revises Timetable for Three-for-One Rights Issue
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Silkwave Inc has issued a circular to shareholders regarding a proposed three-for-one rights issue, allowing investors to subscribe for three new shares for each existing share held. The company has also provided a revised timetable for key dates related to the share transfer and extraordinary general meeting for shareholder voting. This marks the formal approval phase of the capital-raising process. The latest analyst rating for CMMB Vision Holdings (HK:0471) is a Sell with a price target of HK$0.50.
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