Xinhua United Investment (08159.HK) proposes a share consolidation on a "20-into-1" basis.

Zhito Finance APP News: Xinhua United Investment (08159.HK) announced that the board of directors proposes to implement a share consolidation on the basis of consolidating every 20 issued and unissued existing shares of HK$0.01 each in the share capital of the Company into 1 consolidated share of HK$0.20 each.