Brief: Asian Citrus Says Proposed Capital Reorganisation

Asian Citrus Holdings

14/12/2023 16:58

Dec 14 (Reuters) - Asian Citrus Holdings Ltd  0073.HK :
    * PROPOSED CAPITAL REORGANISATION
    * PROPOSES SHARE CONSOLIDATION OF 200 EXISTING SHARES OF
HK$0.01
EACH BE CONSOLIDATED INTO 1 CONSOLIDATED SHARE OF HK$2.00 EACH
    * PROPOSES CAPITAL REDUCTION WHEREBY ISSUED SHARE CAPITAL OF
CO
WILL BE REDUCED FROM HK$29.8 MILLION TO  AMOUNT OF HK$149,005.29
    * CAPITAL REORGANISATION WILL REDUCE PAR VALUE OF
CONSOLIDATION
SHARES FROM HK$2.00 TO HK$0.01 EACH


Further company coverage:  0073.HK 

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