Taizhou Water Group Sets January EGM to Approve Debt Issue and Board Changes

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2026.01.13 12:08
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Taizhou Water Group Co., Ltd. has scheduled an extraordinary general meeting on January 30, 2026, to seek shareholder approval for key corporate matters, including the appointment of a non-executive director, issuance of privately placed debt financing notes, and an increase in registered capital for a subsidiary. A book closure period from January 27 to 30, 2026, will determine shareholder eligibility. The latest analyst rating for the stock (HK:1542) is a Sell with a price target of HK$1.00, indicating potential challenges in financing flexibility and corporate governance.