Brief: Sunway International Proposes Capital Reorganisation

Sunway International Holdings

20/10/2020 15:36

Oct 20 (Reuters) - Sunway International Holdings Ltd
 0058.HK :
    * PROPOSES CAPITAL REORGANISATION COMPRISING SHARE
CONSOLIDATION &
SHARE SUBDIVISION
    * PROPOSES CAPITAL REDUCTION BY WHICH ANY FRACTIONAL
CONSOLIDATED
SHARE IN CAPITAL OF CO FROM SHARE CONSOLIDATION TO BE CANCELLED
    * SHARE CONSOLIDATION FOR EVERY 5 ISSUED AND UNISSUED
EXISTING
SHARES TO CONSOLIDATE INTO 1 CONSOLIDATED SHARE OF HK$0.50
    * PAR VALUE OF ALL THEN ISSUED CONSOLIDATED SHARES SHALL BE
REDUCED FROM HK$0.50 TO HK$0.10 EACH
    * SHARE SUBDIVISION OF EVERY UNISSUED CONSOLIDATED SHARE OF
HK$0.50 EACH INTO 5 ADJUSTED SHARES OF HK$0.10 EACH

Source text https://bit.ly/3klZNp2
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 ((Reuters.Briefs@thomsonreuters.com;))