Group 1 - The core point of the article is that YGM TRADING (00375) is undergoing a significant capital reduction process, which involves reducing its share capital from HKD 384 million to HKD 20 million [1] - On September 18, shareholders transferred shares from Standard Chartered Bank (Hong Kong) to HSBC Hong Kong, with a market value of HKD 39.8844 million, representing 20.04% of the total shares [1] - The funds generated from the capital reduction will be recorded in the company's capital reduction reserve account and can be used to offset any accumulated losses and/or distribute to shareholders as realized profits under Section 214 of the Companies Ordinance [1]

Group 1 - The company YGM TRADING (00375) announced a proposal for a capital reduction, decreasing its capital from HKD 384 million to HKD 20 million [1] - The capital reduction will result in a reserve that can be used to offset any accumulated losses and/or distribute to shareholders [1] - The amount generated from the capital reduction will be recorded in the company's capital reduction reserve account and considered realized profits under section 214 of the company ordinance [1]

Core Viewpoint - YGM TRADING (00375) proposes a capital reduction, decreasing its capital from HKD 384 million to HKD 20 million, which will be reflected in the company's capital reduction reserve account [1] Group 1 - The company plans to reduce its capital by HKD 364 million, resulting in a new capital amount of HKD 20 million [1] - The funds generated from the capital reduction will be accounted for in the company's capital reduction reserve and considered realized profits under Section 214 of the Companies Ordinance [1] - The realized profits can be used to offset any accumulated losses and/or distribute to shareholders [1]