Brief: China Silver Technology Says It Proposes To Implement Capital Reorganisation
03/08/2022 16:19
Aug 3 (Reuters) - China Silver Technology Holdings Ltd
0515.HK :
* PROPOSES TO IMPLEMENT CAPITAL REORGANISATION WHICH
COMPRISES
REDUCTION OF ISSUED SHARE CAPITAL
* PAR VALUE OF EACH ISSUED EXISTING SHARE WILL BE REDUCED
FROM
HK$0.50 TO HK$0.001
* CREDITS FROM CAPITAL REDUCTION & SHARE PREMIUM REDUCTION
TO BE
APPLIED TOWARDS OFFSETTING ACCUMULATED LOSSES
Source text for Eikon: ID:nHKS9cXyhV
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