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HAO BAI INTL (08431.HK) recommends a capital reorganization.
On February 24, Gelonghui announced that HAO BAI INTL (08431.HK) proposed the implementation of a capital restructuring plan, which includes share consolidation, capital reduction, and share subdivision. The share consolidation will involve merging every ten (10) existing issued and unissued shares with a par value of HKD 0.1 into one (1) consolidated share with a par value of HKD 1. Following the effectiveness of the share consolidation, the capital reduction will involve canceling HKD 0.99 of the company's paid-up capital for each issued consolidated share, reducing the par value of each issued consolidated share from HKD 1 to HKD 0.01. In addition, the shares from the share consolidation will affect the company's issued share capital.
HAO BAI INTL (08431.HK) plans to issue 33 million capitalized shares to repay part of its debt.
On February 18, Glorious reported that HAO BAI INTL (08431.HK) announced that after the trading session on the Hong Kong Stock Exchange on February 18, 2025, the company entered into agreements with creditors, under which, upon the fulfillment of certain conditions, the company agrees to allocate and issue a total of 33 million capitalized shares at a price of HKD 0.12 per share, to repay part of the total debt.
Express News | Hao Bai International (Cayman) - Co to Issue 33 Mln Capitalisation Shares at HK$0.12/Share
Hao Bai Intl announced Shuhua Juan's appointment as a non-executive director.
Hao Bai Intl (08431) announced that, effective from December 4, 2024: Ms. Shu Huajuan has been appointed as a non-executive director of the company; Mr. Li Ruyi has resigned as an independent non-executive director and will no longer serve as a member of the company's audit committee, remuneration committee, and nomination committee; Mr. Yao Zhiwei has been appointed as an independent non-executive director as well as a member of the audit committee, remuneration committee, and nomination committee.
hao bai intl (08431) released its interim results, with a shareholder loss of 5.21 million Hong Kong dollars, a year-on-year decrease of 51.56%.
hao bai intl (08431) announced its performance for the six months ended September 30, 2024, with the group achieving revenue of 72...
HAO BAI INTL: 2024 Interim Report