Brief: Universe Printshop Proposes To Implement Share Consolidation

Universe Printshop Holdings

03/10/2023 16:09

Oct 3 (Reuters) - Universe Printshop Holdings Ltd
 8448.HK :
    * PROPOSES TO IMPLEMENT SHARE CONSOLIDATION
    * UNDER SHARE CONSOLIDATION, EVERY 5 EXISTING SHARES OF
HK$0.01
EACH WILL BE CONSOLIDATED INTO 1 SHARE OF HK$0.05
    * PROPOSES TO INCREASE AUTHORISED SHARE CAPITAL OF CO FROM
HK$20
MILLION TO HK$200 MILLION DIVIDED INTO 20 BILLION EXISTING
SHARES
    * PROPOSES TO CONDUCT RIGHTS ISSUE ON BASIS OF 3 RIGHTS
SHARES FOR
EVERY 2 CONSOLIDATED SHARES TO RAISE UP TO HK$34.43 MILLION

Source text for Eikon:  ID:nHKS9dfBk5 
Further company coverage:  8448.HK 

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