C FIN INT INV (00721) intends to "5 and 1" benchmark merged shares.

C FIN INT INV (00721) has announced that the board of directors recommends implementing a share consolidation on the basis of consolidating every 5 existing shares in the issued and unissued share capital of the company into 1 consolidated share. As of the date of this announcement, there are 10.972 billion shares that have been fully paid or credited as fully paid existing shares. Assuming no further issuance of shares from the date of this announcement until the date of the extraordinary general meeting of shareholders, there will be 2.194 billion shares that have been fully paid or credited as fully paid consolidated shares after the share consolidation takes effect. The company's statutory share capital will remain at HK$300 million, but will be divided into 6 billion consolidated shares with a par value of HK$0.05 per share.