YGM Trading Ltd. Announces Significant Capital Reduction from HK$383.9M to HK$20M
Reuters
Sep 11
YGM Trading Ltd. Announces Significant Capital Reduction from HK$383.9M to HK$20M
YGM Trading Limited, a company incorporated in Hong Kong and listed on the Main Board of the Stock Exchange (Stock Code: 00375), has announced a proposed capital reduction. The company plans to reduce the credit standing of its share capital account by HK$363,909,000, bringing it down from HK$383,909,000 to HK$20,000,000. The credit resulting from this reduction will be allocated to a capital reduction reserve account and treated as a realized profit according to the Companies Ordinance. A circular detailing the capital reduction and a notice for convening an Extraordinary General Meeting (EGM) will be distributed to shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YGM Trading Ltd. published the original content used to generate this news brief on September 11, 2025, and is solely responsible for the information contained therein.
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.