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moody tech hldg (01400.HK) recommends a "10-for-1" share consolidation.
格隆汇On November 13th, Moody Tech Hldg (01400.HK) announced that the board of directors proposed a stock consolidation, with a basis of every 10 shares with a par value of 0.1 Hong Kong dollars of the issued and unissued existing shares being consolidated into 1 share with a par value of 1.0 Hong Kong dollars. The board of directors proposed to change the trading unit on the Stock Exchange of Hong Kong from 10,000 shares of existing shares to 20,000 shares of consolidated shares per lot, but this can only be done after the stock consolidation takes effect.
Express News | Moody Technology - Proposed Share Consolidation on Basis Every 10 Shares of HK$0.1 Each Be Consolidated Into 1 Share of HK$1.0 Each
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