Brief: China Automotive Interior Decoration Proposes Share Consolidation

China Automotive Interior Decoration Holdings

17/08/2020 13:26

Aug 17 (Reuters) - China Automotive Interior Decoration
Holdings Ltd  0048.HK :
    * PROPOSES EVERY 5 ISSUED, UNISSUED SHARES OF HK$0.005 EACH
BE
CONSOLIDATED INTO 1 SHARE OF HK$0.025 EACH
    * CURRENTLY IN PRELIMINARY INTERNAL DISCUSSION ON
FEASIBILITY OF
FUND RAISING
    * INTENDS TO CONDUCT EQUITY FUND RAISING EXERCISE, WHEN
OPPORTUNITY ARISES, RANGING FROM HK$30 MILLION TO HK$45 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4H8y6S
Further company coverage:  0048.HK 

 (Reuters.Briefs@thomsonreuters.com)