E-Home Household Service Holdings (EJH) has released an update.
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E-Home Household Service Holdings Limited has received shareholder approval for a significant capital reorganization, which includes a reduction in the par value of its issued ordinary shares, a sub-division of shares, and adoption of new company articles. These changes aim to offset accumulated losses and create a more flexible capital structure, pending final court approval in the Cayman Islands. The reorganization could potentially enhance the company’s financial health and shareholder value.
For further insights into EJH stock, check out TipRanks’ Stock Analysis page.
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