Small Fish Holdings (00139.HK) will change the trading unit to 10,000 shares per hand.
Zhtng Cijng APP news, Little Fish Holdings (00139.HK) announced that the board of directors has proposed to implement a share capital restructuring, which involves: (i) share consolidation, under which every 20 existing issued and unissued shares will be consolidated into 1 consolidated share; (ii) share capital reduction, under which the issued share capital will be reduced by (a) rounding down the total number of consolidated shares to the nearest whole number (if necessary); and (b) cancelling the company's paid-up share capital, reducing the face value of each issued consolidated share from 0.20 Hong Kong dollars to 0.01 Hong Kong dollars; (iii) the statutory but unissued consolidated shares with a face value of 0.20 Hong Kong dollars (including statutory but unissued consolidated shares generated by the share capital reduction) will be split into 20 new shares with a face value of 0.01 Hong Kong dollars each, consequently, following the share capital restructuring, the company's statutory share capital will remain at 800 million Hong Kong dollars (divided into 80 billion new shares); and (iv) all proceeds from the share capital reduction will be transferred to the company's paid-in surplus account.
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