Core Viewpoint - CMON (01792) proposes to increase its authorized share capital from HKD 380,000 (divided into 7.6 billion existing shares) to HKD 1.75 million (divided into 35 billion existing shares) by adding an additional 27.4 billion new existing shares [1] Group 1: Share Capital Increase - The current authorized share capital is HKD 380,000, divided into 7.6 billion existing shares with a par value of HKD 0.00005 per share [1] - After the proposed increase, the authorized share capital will be HKD 1.75 million, divided into 35 billion existing shares, maintaining the par value of HKD 0.00005 per share [1] Group 2: Share Consolidation - Following the increase in authorized share capital, the board suggests a share consolidation where every 35 existing shares with a par value of HKD 0.00005 will be consolidated into 1 share with a par value of HKD 0.00175 [1] - Post-consolidation, assuming no further issuance or repurchase of existing shares, the authorized share capital will become HKD 1.75 million, divided into 1 billion consolidated shares, with 51.6 million shares being issued [1] Group 3: Trading Unit Adjustment - Currently, existing shares are traded in lots of 70,000 shares on the Stock Exchange [1] - The board proposes to change the trading unit from 70,000 existing shares to 2,000 consolidated shares, effective only after the consolidation takes place [1]
CMON拟增加法定股本