EDVANTAGE GROUP (00382) announced plans to increase its authorized share capital from US$15 million (divided into 1.5 billion shares) to US$20 million (divided into 2 billion shares) by creating 500 million additional shares. This move aims to fully utilize the approved share scheme authorization limit and provide flexibility for future corporate actions. The newly issued shares will rank equally with existing shares in all respects upon full payment.
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