Brief: Power Financial Group Announces Proposed Share Premium Cancellation
May 11 (Reuters) - Power Financial Group Ltd 0397.HK :
* ANNOUNCES PROPOSED SHARE PREMIUM CANCELLATION
* INTENDS TO PUT FORWARD PROPOSAL TO CANCEL ENTIRE AMOUNT
STANDING
TO CREDIT OF SHARE PREMIUM ACCOUNT TO NIL
* AMOUNTS STANDING TO CREDIT OF SHARE PREMIUM ACCOUNT AS AT
31 DEC
2020 WAS ABOUT HK$3.80 BILLION
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0511/2021051101017.pdf
Further company coverage: 0397.HK
((Reuters.Briefs@thomsonreuters.com;))
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