Brief: China Investment And Finance Group Ltd Proposes Capital Reduction

China Investment and Finance

16/03/2020 13:40

March 16 (Reuters) - China Investment and Finance Group Ltd
 1226.HK :
    * PROPOSE REDUCTION OF PAR VALUE OF EACH ISSUED SHARE FROM
HK$0.05
TO HK$0.0001
    * AFTER CAPITAL REDUCTION, EACH AUTHORIZED BUT UNISSUED
SHARE WILL
BE SUB-DIVIDED INTO 500 NEW SHARES OF HK$0.0001 EACH
    * AFTER CAPITAL REDUCTION, EACH AUTHORIZED BUT UNISSUED
SHARE WILL
BE SUB-DIVIDED INTO 500 NEW SHARES OF HK$0.0001 EACH
    * EVERY 10 ISSUED AND UNISSUED NEW SHARES OF HK$0.0001 EACH
WILL
BE CONSOLIDATED INTO ONE SHARE OF HK$0.001 EACH

Source text :https://bit.ly/38RkuST
Further company coverage:  1226.HK 

 (Reuters.Briefs@thomsonreuters.com)