Wanguo Gold Group Limited (stock code: 3939) has announced a proposal to subdivide each issued and unissued ordinary share of HK$0.10 into four subdivided shares of HK$0.025 each. This change will increase the total number of shares in issue from 1,106,327,200 to 4,425,308,800, while the authorized share capital will remain HK$1,000,000,000, divided into 40,000,000,000 subdivided shares.
The company has scheduled an extraordinary general meeting on 21 November 2025 at 10:00 a.m. to seek shareholder approval for the plan. The share register will be closed from 18 to 21 November 2025, and shareholders wishing to attend and vote must lodge transfers by 17 November 2025. If approved, the subdivision is expected to take effect on 25 November 2025.
Upon completion, the board lot size for trading on the Stock Exchange will change from 2,000 existing shares to 500 subdivided shares, aimed at reducing investment barriers and improving market liquidity. Existing share certificates can be exchanged for new ones free of charge until 6 January 2026. The company states that this move is intended to lower the unit share price, facilitate wider shareholder participation, and enhance the flexibility of share trading.