ARTGO HOLDINGS (03313) has announced that its board of directors has proposed to implement a share consolidation. The basis for the consolidation is that every ten issued and unissued shares with a par value of HK$0.01 each will be consolidated into one consolidated share with a par value of HK$0.1 each. Furthermore, the board has proposed that, following the effectiveness of the share consolidation, the board lot size for trading on the Stock Exchange will be changed from 10,000 existing shares to 5,000 consolidated shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.