Summary by Moomoo AI
ASIA FRUIT HOLDINGS LIMITED (SHARE CODE: 73) ANNOUNCES THAT AN EXTRAORDINARY GENERAL MEETING WILL BE HELD ON 19 FEBRUARY 2024 TO CONSIDER AND APPROVE THE PROPOSED SHARE CAPITAL RESTRUCTURING PLAN. The restructuring includes a number of measures such as share consolidation, share capital cuts, deleveraging and share premium cuts. SHARE CONSOLIDATION COMBINES EXISTING SHARES WITH A VALUE OF HK$0.01 PER 200 SHARES INTO 1 CONSOLIDATED SHARES WITH A VALUE OF HK$2.00, FOLLOWED BY CAPITAL REDUCTION AND SPLITTING, AND THE FINAL FACE VALUE PER SHARE WILL BE ADJUSTED TO HK$0.01. In addition, the share premium reduction reduces the entry amount to zero and transfers the funds generated by the share capital reduction and share premium reduction to the company's balance sheet to offset accumulated losses...Show More