CHUANGLIAN HOLD (02371) is planning to carry out a stock merger.
Chuanglian Holdings (02371) announces that the board of directors recommends a cash dividend of 0.0 yuan per 10 shares of the company's issued and unissued share capital.
CHUANGLIAN HOLD(02371) announced that the board of directors recommends consolidating every 10 existing shares with a par value of HK$0.01 each, whether issued or unissued, into 1 consolidated share with a par value of HK$0.1 each.
The board of directors further recommends that after the consolidation takes effect, the trading unit on the Stock Exchange of Hong Kong will be changed from 4,000 shares of existing stock to 8,000 shares of consolidated stock.
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