New City Development Group Limited (Stock Code: 0456) Announces Plan to Increase Authorised Share Capital

Bulletin Express

Nov 04, 2025

On 4 November 2025, New City Development Group Limited announced a proposal to seek shareholder approval at an upcoming extraordinary general meeting (EGM) for an increase in authorised share capital. The plan involves raising the existing authorised share capital from HK$40,000,000—divided into 200,000,000 shares—to HK$400,000,000, divided into 2,000,000,000 shares, creating an additional 1,800,000,000 unissued shares. These shares will rank pari passu in all respects.

According to the announcement, the Company believes this move will accommodate the Group’s growth needs and provide greater flexibility for potential fund-raising. A circular containing further details and a notice of the EGM is slated for dispatch to shareholders on or before 14 November 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1105654774"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1105654774\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1105654774?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-04 20:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105654774","market":"us","top_or_hot":-1,"title":"New City Development Group Limited (Stock Code: 0456) Announces Plan to Increase Authorised Share Capital","media":"Bulletin Express","content":"<p>On 4 November 2025, New City Development Group Limited announced a proposal to seek shareholder approval at an upcoming extraordinary general meeting (EGM) for an increase in authorised share capital. The plan involves raising the existing authorised share capital from HK$40,000,000—divided into 200,000,000 shares—to HK$400,000,000, divided into 2,000,000,000 shares, creating an additional 1,800,000,000 unissued shares. These shares will rank pari passu in all respects.</p>\n<p>According to the announcement, the Company believes this move will accommodate the Group’s growth needs and provide greater flexibility for potential fund-raising. A circular containing further details and a notice of the EGM is slated for dispatch to shareholders on or before 14 November 2025.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New City Development Group Limited (Stock Code: 0456) Announces Plan to Increase Authorised Share Capital</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew City Development Group Limited (Stock Code: 0456) Announces Plan to Increase Authorised Share Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-11-04 20:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 4 November 2025, New City Development Group Limited announced a proposal to seek shareholder approval at an upcoming extraordinary general meeting (EGM) for an increase in authorised share capital. The plan involves raising the existing authorised share capital from HK$40,000,000—divided into 200,000,000 shares—to HK$400,000,000, divided into 2,000,000,000 shares, creating an additional 1,800,000,000 unissued shares. These shares will rank pari passu in all respects.</p>\n<p>According to the announcement, the Company believes this move will accommodate the Group’s growth needs and provide greater flexibility for potential fund-raising. A circular containing further details and a notice of the EGM is slated for dispatch to shareholders on or before 14 November 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00456","symbol_name":"新城市建设发展","start_time":0,"source_url":"","article_id":"1105654774","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105654774","pubTimestamp":1762260236,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 4 November 2025, New City Development Group Limited announced a proposal to seek shareholder approval at an upcoming extraordinary general meeting (EGM) for an increase in authorised share...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00456":"新城市建设发展"},"translate_title":"新城市建设发展集团有限公司（股份代号：0456）公布增加法定股本的计划","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00456":1},"content_text":"On 4 November 2025, New City Development Group Limited announced a proposal to seek shareholder approval at an upcoming extraordinary general meeting (EGM) for an increase in authorised share capital. The plan involves raising the existing authorised share capital from HK$40,000,000—divided into 200,000,000 shares—to HK$400,000,000, divided into 2,000,000,000 shares, creating an additional 1,800,000,000 unissued shares. These shares will rank pari passu in all respects.\nAccording to the announcement, the Company believes this move will accommodate the Group’s growth needs and provide greater flexibility for potential fund-raising. A circular containing further details and a notice of the EGM is slated for dispatch to shareholders on or before 14 November 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}