HUA XIA WATER (08401) proposes a "20-into-1" share consolidation and a change in board lot size.
HUA XIA WATER (08401) announces that the board of directors proposes to implement a share consolidation on the basis that every 20 issued and unissued existing shares of HK$0.01 each in the share capital of the company be consolidated into 1 consolidated share of HK$0.20 each. In addition, the board proposes that, after the share consolidation becomes effective, the board lot size for trading of the company's shares on GEM be changed from 2,000 existing shares to 10,000 consolidated shares.
HUA XIA WATER (08401) announced that the board of directors proposes to implement a share consolidation on the basis that every 20 issued and unissued existing shares of HK$0.01 each in the company's share capital be consolidated into 1 consolidated share of HK$0.20 each. In addition, the board proposes that, after the share consolidation becomes effective, the board lot size for trading of the company's shares on GEM be changed from 2,000 existing shares to 10,000 consolidated shares.
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