Asia Standard International Group (00271.HK) proposes a "10-into-1" share consolidation, followed by a rights issue on a "1-for-1" basis.

Zhito Finance APP News: Asia Standard International Group (00271.HK) announced that the board of directors proposes to consolidate every 10 issued existing shares in the company's share capital into 1 consolidated share in the company's share capital. The board of directors proposes that, subject to the share consolidation becoming effective and under its constraints, the board lot size for trading on the Stock Exchange will be changed from 1,000 existing shares to 5,000 consolidated shares.