The Chinese oral industry (08406.HK) recommends increasing the statutory capital.

date
08/08/2025
Zhixun Finance APP News, China Oral Industry (08406.HK) announced that, in order to enable the company to raise funds more flexibly in the future, it proposed to seek approval from shareholders through an ordinary resolution to authorize the issuance of an additional 3 billion new unissued shares, increasing the company's authorized share capital from HK$200 million (divided into 2 billion shares with a par value of HK$0.01 per share) to HK$500 million (divided into 5 billion shares with a par value of HK$0.01 per share).