China Frontier Technology Proposes 10-for-1 Share Consolidation

MT NewswiresNov 18 03:37 ET

China Frontier (01661.HK) plans to merge shares on a "10 to 1" basis.

Gelonghui announced on November 15 that china Frontier (01661.HK) proposes that the board of directors consolidate every ten (10) existing shares into one (1) consolidated share out of the company's issued and unissued capital. As of the date of this announcement, existing shares are traded on the Stock Exchange in lots of 1,000 shares. Subject to and pending the effectiveness of the share consolidation, it is proposed that the trading unit on the Stock Exchange be changed from 1,000 existing shares to 6,000 consolidated shares. Based on the closing price of the existing shares of HKD 0.121 per share on the date of this announcement, this corresponds to a theoretical closing price of HKD 1.21 per consolidated share.

Gelonghui FinanceNov 15 09:04 ET

Express News | China Frontier Technology - Proposes Every 10 Shares Be Consolidated Into 1 Share

ReutersNov 15 08:59 ET

CH FRONTIER TEC: Interim Report 2024

HKEXSep 24 04:46 ET · Announcements

China Frontier (01661.HK): Zhang Jingjing resigns as executive director.

Grong Hui, September 16: China Frontier (01661.HK) announced that Ms. Zhang Jingjing has resigned as an executive director, effective from September 16, 2024, while Ms. Zhang Panpan has been appointed as an executive director, effective from the same date in 2024.

Gelonghui FinanceSep 16 04:41 ET

Express News | Wisdom Sports - Resignation of Zhang Jingjing as Executive Director

ReutersSep 16 04:36 ET