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fe hldgs intl (00036.HK) recommends a 10-to-1 stock consolidation and a 1-for-2 rights issue.
GeLonghui November 11th | fe hldgs intl (00036.HK) announced that the board of directors proposed to implement a share consolidation on the basis of combining every 10 issued existing shares into 1 consolidated share. After the share consolidation takes effect, the board of directors proposes to change the trading unit on the Stock Exchange of Hong Kong from 3,000 existing shares per lot to 6,000 consolidated shares. The company proposes to issue 2 rights shares for every 1 consolidated share held on the record date, with a subscription price of HK$0.334 per share of rights shares to issue up to a maximum of 0.218 billion rights shares and raise proceeds of up to approximately HK$72.75 million.
Express News | Far East Holdings International - to Issue up to 217.8 Mln Rights Shares at HK$0.334 per Share
Express News | Far East Holdings International - Proposed Share Consolidation on Basis Every 10 Shares Be Consolidated Into 1 Share
FE HLDGS INTL: INTERIM REPORT 2024
fe hldgs intl [00036] is now trading at 0.051 Hong Kong dollars, with a 10.87% increase.
As of 11:17, Far East Holdings International [00036] reported HKD 0.051, up HKD 0.005 or 10.87% from the previous closing price of HKD 0.046. The turnover was HKD 0.0003 million. The highest price today was HKD 0.051, and the lowest price was HKD 0.051. Based on the closing price yesterday, the 10-day average price was HKD 0.06, and the 50-day average price was HKD 0.05. The current P/E ratio is -0.88 times, and the 14-day strength index is 57.69.
Express News | Far East Holdings International H1 Basic EPS HKD -202420.23
