Brief: GBA Holdings Announces Proposed Share Consolidation

GBA Holdings

07/06/2022 16:02

June 7 (Reuters) - GBA Holdings Ltd  0261.HK :
    * ANNOUNCES PROPOSED SHARE CONSOLIDATION
    * SHARE CONSOLIDATION ON BASIS THAT EVERY 100 EXISTING
SHARES BE
CONSOLIDATED INTO 1 CONSOLIDATED SHARE OF PAR VALUE OF HK$1.00
EACH
    * ANNOUNCES PROPOSED CAPITAL REORGANISATION
    * ISSUED SHARE CAPITAL OF CO OF HK$1.84 BILLION SHALL BE
REDUCED
TO HK$18.4 MILLION
    * SHARE CAPITAL TO BE REDUCED TO HK$18.4 MILLION DIVIDED
INTO 1.84
BILLION NEW SHARES BY CANCELLING PAID-UP CAPITAL OF CO

Further company coverage:  0261.HK 

 ((Reuters.Briefs@thomsonreuters.com;))