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LINK HOLDINGS (08237.HK) intends to carry out a share consolidation on the basis of "25 for 1".
On January 17, Glonghui reported that LINK HOLDINGS (08237.HK) announced that the Board of Directors proposed a share consolidation on the basis of merging every 25 existing shares with a par value of HKD 0.001 each into 1 consolidated share with a par value of HKD 0.025. The share consolidation must be approved by Shareholders at a special general meeting to take effect. As of the date of this announcement, the trading unit for the existing shares on the Stock Exchange is 2,000 shares. The Board of Directors proposes to change the trading unit on the Stock Exchange from 2,000 existing shares to 6,000 consolidated shares.
Express News | Link Holdings - to Implement Share Consolidation for Every 25 Issued and Unissued Existing Shares Will Be Consolidated Into 1 Consolidated Share
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