Brief: China Sinostar Proposes Capital Reorganisation
17/08/2020 15:45
Aug 17 (Reuters) - China Sinostar Group Company Ltd
0485.HK :
* PROPOSES CONSOLIDATION OF EVERY 20 SHARES OF HK$0.01 EACH
IN
AUTHORISED SHARE CAPITAL INTO 1 CONSOLIDATED SHARE OF HK$0.20
* PROPOSES REDUCTION OF ISSUED SHARE CAPITAL OF CO BY
ELIMINATION
& CANCELLATION
* PROPOSES SUBDIVISION OF EVERY UNISSUED CONSOLIDATED SHARE
OF
HK$0.20 EACH INTO 20 ADJUSTED SHARES OF HK$0.01 EACH
Source text for Eikon: urn:newsml:reuters.com:*:nHKS7MNYLH
Further company coverage: 0485.HK
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