HSC RESOURCES To Carry Out 1-for-5 Reverse Stock Split On April 29th, 2025

December 20th (Beijing Time) - $HSC RESOURCES(01850.HK)$ is about to implement a 1-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from April 29th, 2025.$

Futu NewsDec 20 17:05

HSC RESOURCES (01850.HK) shares 5-for-1 rights issue to raise up to 73.27 million yuan.

HSC RESOURCES (01850.HK) announced a proposed capital reorganization, consolidating shares at a ratio of 5 to 1, followed by a rights issue, issuing up to 0.138 billion shares; the subscription price is 0.53 yuan, which represents a discount of 24.29% compared to the theoretical closing price on the last trading day (19th). The total amount raised is 73.27 million yuan, with estimated net proceeds of up to 69.8 million yuan, intended for supporting the group's projects and general working capital.

AASTOCKSDec 20 01:25

HSC Resources Group Plans Capital Reorganization and Rights Issue

TipRanksDec 19 22:38

HSC RESOURCES (01850.HK) plans to conduct a 5-in-1 share consolidation followed by a 1-for-4 rights issue.

On December 19, Gelonghui announced that HSC RESOURCES (01850.HK) proposed to implement a capital restructuring in the following manner: (i) share consolidation, whereby every five (5) shares with a par value of HKD 0.20 each will be consolidated into one (1) share with a par value of HKD 1.00; (ii) capital reduction, whereby (a) immediately following the share consolidation, any fractional consolidated shares from the total number of consolidated shares will be canceled, reducing the total number of consolidated shares to the nearest whole number; and (b) by canceling 0.9 for each issued consolidated share.

Gelonghui FinanceDec 19 22:24

HSC Resources Schedules Meeting for Interim Results

TipRanksDec 18 17:09

Hsc Resources announced the resignation of Mai Xuewen as an independent non-executive director.

hsc resources (01850) announced that, effective from October 31, 2024, Ms. Mai Xuewen will resign as an independent non-executive director of the company; Ms. Zou Yiwo will be appointed as a member of the company's remuneration committee and nomination committee; Mr. Fu Rongguo will be appointed as the chairman of the company's audit committee; Mr. Ghanshyam Adhikari will be appointed as a member of the company's audit committee.

Sina Hong Kong stocksNov 1 07:42