Core Viewpoint - China Textile Holdings (03778) announced a proposal for a share consolidation, converting every 10 existing shares with a par value of HKD 0.1 into 1 consolidated share with a par value of HKD 1.0 [1] Summary by Sections - Share Consolidation Proposal - The board of directors recommends implementing a share consolidation where every 10 existing shares will be consolidated into 1 share [1] - The par value of the consolidated shares will be HKD 1.0, compared to the current par value of HKD 0.1 for existing shares [1] - Trading Unit Changes - As of the announcement date, the existing shares are traded in units of 4000 shares on the Hong Kong Stock Exchange [1] - Following the share consolidation, the trading unit will change from 4000 existing shares to 2000 consolidated shares [1]
中国织材控股(03778)拟“10并1”股份合并