Core Viewpoint - Volcano International Holdings (01715) announced a proposal for a capital restructuring involving a share capital reduction and a share split to address accumulated losses and improve financial position [1] Group 1: Capital Restructuring Details - The proposed capital restructuring includes a share capital reduction by cancelling HKD 0.249 of the paid-up capital for each issued share, reducing the nominal value from HKD 0.25 to HKD 0.001 [1] - Following the capital reduction, the company plans to split the remaining unissued shares with a nominal value of HKD 0.25 into 250 new shares, each with a nominal value of HKD 0.001 [1] - The proceeds from the capital reduction will be used to offset the accumulated losses as of the effective date of the capital reduction, thereby reducing the company's cumulative losses [1]
火山邑动国际控股(01715)建议进行股本重组