China Wacan (HKG:1920) proposed to change its name to Junwea Group (China), according to a Wednesday Hong Kong bourse filing.
Shares of the construction company were down nearly 1% in Thursday morning trade.
China Wacan said the new name is intended to better reflect its business in beauty and health services and construction services.
The proposed change is subject to shareholders' approval at an extraordinary general meeting and approval from the Cayman Islands Registrar of Companies.
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