Core Viewpoint - The company proposes a share consolidation plan, merging every ten existing shares into one new share, which aims to streamline its capital structure and potentially enhance share liquidity [1] Group 1: Share Consolidation Details - The board of directors recommends consolidating the company's issued and unissued share capital, with a ratio of ten existing shares to one new share [1] - As of the announcement date, the company has 2,412,962,811 existing shares, which will reduce to 241,296,281 consolidated shares post-merger, assuming no further shares are issued before the special shareholders' meeting [1] - The company's statutory capital will remain at 50,000,000 HKD, divided into 500,000,000 consolidated shares with a par value of 0.10 HKD each [1] Group 2: Trading Unit Changes - Currently, shares are traded in units of 5,000 existing shares on the Hong Kong Stock Exchange [1] - Following the share consolidation, the trading unit will change to 10,000 consolidated shares, contingent upon the effectiveness of the share consolidation [1]
基石控股(01592.HK)拟按“10并1”基准合并股份