Brief: Greater Bay Area Investments Proposes Share Consolidation, Capital Reduction
04/07/2019 16:36
July 4 (Reuters) - Greater Bay Area Investments Group
Holdings Ltd 0261.HK :
* PROPOSES EVERY 20 EXISTING SHARES OF HK$0.01 EACH BE
CONSOLIDATED INTO 1 CONSOLIDATED SHARE OF HK$0.20 EACH
* PROPOSES INCREASE OF SHARE CAPITAL FROM HK$150 MN DIVIDED
INTO
15 BN SHARES TO HK$300 MN DIVIDED INTO 30 BN NEW SHARES
Source text for Eikon: urn:newsml:reuters.com:*:nHKSbzCjt5
Further company coverage: 0261.HK
((Reuters.Briefs@thomsonreuters.com;))
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