C FIN SERVICES (00605) intends to carry out a reduction in share capital.

C FIN SERVICES (00605) announced that the company proposes to reduce the share capital account by HK$1.335 billion to HK$7.452 billion from HK$20.80 billion as of the announcement date. The proceeds generated from the share capital reduction will be credited to the company's share capital reduction reserve account, and the directors will utilize the funds to offset the accumulated losses in accordance with the company's articles of association and regulations.