Republic Power Group
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Republic Power Group Limited Executes 1-for-20 Reverse Stock Split
Republic Power Group Limited has completed a 1-for-20 reverse stock split to boost its market position. This move consolidates shares, aiming to increase the per-share price, attract institutional investors, and meet listing requirements. The company expects this strategic action to enhance financial stability, improve investor perception, and facilitate future growth and technological investment in the energy sector. Fractional shares will be settled in cash.