Brief: Asia Television Holdings Proposes Share Consolidation

Asia Television Holdings

14/05/2021 14:28

May 14 (Reuters) - Asia Television Holdings Ltd  0707.HK :
    * PROPOSES SHARE CONSOLIDATION ON BASIS THAT EVERY 10 ISSUED
&
UNISSUED EXISTING SHARES WILL BE CONSOLIDATED INTO 1 SHARE
    * CONSOLIDATED SHARE TO BE OF PAR VALUE OF HK$1.0 EACH
    * PROPOSES SHARE SUB-DIVISION ON BASIS THAT EACH AUTHORISED
BUT
UNISSUED CONSOL SHARES WILL BE SUB-DIVIDED INTO 100 ADJUSTED
SHARES
    * ADJUSTED SHARES TO BE OF PAR VALUE OF HK$0.01 EACH

Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0514/2021051401388.pdf
Further company coverage:  0707.HK 

 ((Reuters.Briefs@thomsonreuters.com;))