Hao Wen Holdings (08019.HK) proposes share consolidation on a "4-into-1" basis and rights issue on a "1-for-3" basis.

Zhitong Finance APP News, Hao Wen Holdings (08019.HK) announced that the directors propose to implement a share consolidation on the basis that every 4 issued and unissued shares of HK$0.01 each be consolidated into 1 consolidated share of HK$0.04 each. The share consolidation is subject to, among other things, approval by shareholders at an extraordinary general meeting before it can take effect.