FEG HOLDINGS (01413) intends to implement a "5-in-1" stock consolidation and change the minimum trading unit.
Chun Doo Holdings (01413) announced that the board of directors has recommended implementing a stock consolidation, at a ratio of 5 shares for every share with a par value of HKD 0.01...
FEG HOLDINGS (01413) announces that the board of directors has proposed a stock consolidation plan, whereby every 5 shares of existing stock with a par value of HK$0.01 each will be consolidated into 1 share with a par value of HK$0.05 each. As of the date of this announcement, trading of existing shares on the Stock Exchange has been conducted in units of 5000 shares per transaction. Subject to and pending the effectiveness of the stock consolidation, it is proposed that the trading unit on the Stock Exchange be changed from 5000 shares of existing stock to 7000 shares of consolidated stock.
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