2106 Kenda Rubber Announces Capital Reduction of Subsidiary
Kenda Rubber (2106) announced on May 22, 2025, that its subsidiary, Kenda Global (China) Investment Co., Ltd., will undergo a capital reduction of 49 million USD, representing a 23.3% reduction, resulting in a post-reduction capital of 161 million USD.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:04 (206h 33m after Collected)
1. Board resolution date: 2025/05/22. 2. Reason for reduction: Unpaid capital. 3. Amount of reduction: 49 million USD. 4. Reduction ratio: 23.3%. 5. Post-reduction capital: 161 million USD. 6. Record date: Based on the date of approval and registration of capital change by mainland Chinese authorities.
FAQ
What is the capital reduction amount for Kenda's subsidiary?
49 million USD.