WELLCELL HOLD (02477) plans to conduct a stock split with a ratio of 1 to 4.
Jingwei Tian Di (02477) announced that the board of directors proposes to split each existing and unissued share with a par value of HK$0.005 into 4 shares with a par value of HK$0.00125. After the share split takes effect, the company's authorized share capital will be HK$100 million, divided into 8 billion split shares, of which 4 billion split shares will be issued and fully paid or accounted for as fully paid (assuming no further issuance or buyback of shares before the date of this announcement and before the share split takes effect).
WELLCELL HOLD (02477) announced that the board of directors proposes to subdivide the existing and unissued shares with a par value of 0.005 Hong Kong dollars per share into 4 shares with a par value of 0.00125 Hong Kong dollars per share. After the subdivision takes effect, the company's authorized share capital will be 100 million Hong Kong dollars, divided into 8 billion subdivided shares, of which 4 billion subdivided shares will be issued and fully paid or recorded as fully paid (assuming no further issuance or repurchase of shares after the date of this announcement and before the subdivision takes effect).
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