CROWNICORP (00727) plans to conduct a stock merger.

CROWNICORP (00727) announces that the Board of Directors has proposed a share consolidation ratio of 1 share for every 20 existing shares. As of the date of this announcement, there are 6,359,220,000 existing shares issued. Assuming no further issuance, distribution, or repurchase of existing shares from the date of this announcement until the date of the special shareholders' meeting, the total issued consolidated shares will be 317,961,000 after the share consolidation takes effect.