Brief: China Information Technology Development To Undertake Share Consolidation
10/12/2020 06:14
Dec 10 (Reuters) - China Information Technology Development
Ltd 8178.HK :
* CHINA INFORMATION TECHNOLOGY DEVELOPMENT- TO CONSOLIDATE
EVERY
24 EXISTING SHARES OF PAR VALUE HK$0.10 INTO 1 CONSOLIDATED
SHARE OF PAR VALUE HK$2.40
* CHINA INFORMATION TECHNOLOGY DEVELOPMENT - UNDER CAPITAL
REDUCTION, PAR VALUE OF EACH ISSUED CONSOLIDATED SHARE TO BE
REDUCED TO HK$0.01
* CHINA INFORMATION TECHNOLOGY DEVELOPMENT - CREDIT OF ABOUT
HK$572 MILLION TO ARISE FROM CAPITAL REDUCTION
Source text for Eikon: ID:
Further company coverage: 8178.HK
((Reuters.Briefs@thomsonreuters.com;))
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