Fenbo Holdings Approves Governance and Share Structure Changes

Tip Ranks
2025.09.30 10:29
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Fenbo Holdings Limited (FEBO) announced significant governance and share structure changes approved by shareholders on September 29, 2025. The extraordinary general meeting resulted in an amended memorandum and articles of association, a change in authorized share capital, and redesignation of shares. These changes aim to enhance the company's operational framework. However, Spark's analysis rates FEBO stock as Neutral, citing high debt, negative net income, and bearish technical indicators, with a current market cap of $7.47M.