DT CAPITAL (00356) plans to implement a "15 for 1" share consolidation and change the minimum trading unit.
Dingli Capital (00356) has announced that its board of directors have proposed to implement a stock consolidation, with a base ratio of 15 existing shares to be consolidated into 1 consolidated share from both the issued and unissued share capital of the company. As of the date of this announcement, the existing shares are traded on the Stock Exchange in units of 30,000 shares per transaction. It is proposed that after the stock consolidation takes effect and subject to it, the trading units on the Stock Exchange will be changed from 30,000 existing shares to 5,000 consolidated shares.
DT CAPITAL (00356) announced that the board of directors recommends implementing a stock consolidation, with a ratio of consolidating every 15 existing shares in the company's issued and unissued share capital into 1 consolidated share. As of the date of this announcement, the existing shares are traded in units of 30,000 shares on the Stock Exchange. It is proposed that after the stock consolidation takes effect, and as a condition of it, the trading units on the Stock Exchange will be changed from 30,000 existing shares to 5,000 consolidated shares.
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