Macau Legend Development Plans Domicile Change and Capital Restructuring
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Macau Legend Development Limited plans to change its domicile from the Cayman Islands to Bermuda to enhance corporate governance and operational flexibility. The company also intends to reduce its share capital, which may affect shareholder value and market perception. An extraordinary general meeting will be held to discuss these resolutions. The stock is currently rated as Hold with a HK$0.50 price target.
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