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Hong Kong Stock Market Anomaly: Silkwave Inc (00471) fell more than 30%, planning a "20-to-1" stock consolidation, maintaining 4,000 shares per hand.
Silkwave Inc (00471) fell more than 30%. As of the time of publication, it fell by 29.79%, with a price of HKD 0.066 and a turnover of HKD 1.4897 million.
Silkwave Inc plans to merge its shares in a "20 in 1" consolidation.
Silkwave Inc. (00471) announced that the board of directors proposes to implement a share consolidation, with a benchmark of merging every 20 issued and unissued shares with a par value of HKD 0.20 per share into 1 share with a par value of HKD 4.00 per share. The board of directors suggests that, following the implementation of the share consolidation, share capital reduction and share subdivision will be implemented. Based on this: (i) the company will reduce its issued share capital by cancelling paid-in capital according to the merged issued shares with a par value of HKD 3.99 per share at that time, resulting in the par value of each issued merged share being reduced from HKD 4.00 to HKD 0.01; (ii) after the reduction of the share capital.
Silkwave Inc (00471.HK) plans to merge 20 companies and recommends reducing capital and splitting shares.
Silkwave Inc announced on August 8 that the Board of Directors is proposing to implement a share consolidation plan, with the intention of consolidating 20 shares into 1 share. Following the share consolidation, the board proposes to reduce the share capital and split the shares. Accordingly: (i) the company will reduce the issued share capital by cancelling the subscribed share capital based on then-issued consolidated share capital of HKD 3.99 per share, resulting in a decrease in the face value of each issued consolidated share from HKD 4.00 to HKD 0.01 per share; and (ii) after the share capital reduction, each legal unissued consolidated share with a face value of HKD 4.00 per share will be split.
Western Securities: Satellite communication + multi-field applications are expected to create new growth points for the commercial aerospace industry.
Satellite communication combined with multiple applications is expected to create new growth points for the commercial aerospace industry. Looking at the industrial bottlenecks, satellite manufacturing and satellite launches are the main contradictions of current bulk launches, and the industry has great investment value.
Express News | Silkwave Inc - Wang Shuhang Resigned as an Executive Director
Broadcast Data (00471.HK) appoints Hu Lanying as Executive Director and Vice Chairman
Gelonghui May 14 | Broadcast Data (00471.HK) announced that Ms. Hu Lanying has been appointed as an executive director and vice chairman. Ms Ho Wing Yan has proposed to resign as company secretary and no longer serve as one of the company's authorized representatives because he decided to spend more time on other businesses. The Board of Directors is pleased to announce that Mr. Wei Hanson has been appointed as company secretary and authorized representative with effect from May 14, 2024.
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