Zhongshen Jianye Seeks Shareholder Approval for Major Capital Increase and Rights Issue
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Zhongshen Jianye Holding Limited (HK:2503) has announced an extraordinary general meeting on May 18, 2026, to seek shareholder approval for a capital increase from HK$20 million to HK$50 million by creating 3 billion new shares. The company also proposes a rights issue of approximately 2.29 billion shares at HK$0.15 each, aiming to raise capital while potentially diluting existing holdings for non-participating shareholders. These measures are intended to enhance financial flexibility for future needs.
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