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China Frontier Technology Group Eyes Foray Into AI Infrastructure Business
CH FRONTIER TEC (01661): Yu Kebai will be appointed as the General Manager of the CH FRONTIER TEC Research Institute.
CH FRONTIER TEC Group (01661) announced that its wholly-owned subsidiary CH FRONTIER TEC Research Institute Co., Ltd...
China Frontier Technology Proposes 10-for-1 Share Consolidation
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.
Express News | China Frontier Technology - Proposes Every 10 Shares Be Consolidated Into 1 Share
CH FRONTIER TEC: Interim Report 2024