MOODY TECH HLDG (01400) plans to carry out a "one for ten" stock consolidation and change the minimum trading unit.

MOODY TECH HLDG (01400) announced that the board of directors has proposed a share consolidation, with a ratio of 10 existing and unissued shares of HK$0.1 each to be consolidated into 1 share of HK$1.0 each. As of the date of this announcement, shares are traded in units of 10,000 existing shares on the Stock Exchange of Hong Kong. The board of directors proposes to change the trading unit on the Stock Exchange from 10,000 existing shares to 20,000 consolidated shares, pending the effective date of the share consolidation.