UNITY ENT (02195) announced that its board of directors has proposed to implement a share consolidation on the basis of every ten issued existing shares being consolidated into one consolidated share. As of the announcement date, the number of existing shares allotted and issued was 1.41 billion shares. Upon the share consolidation becoming effective, assuming no further existing shares are issued or repurchased between the announcement date and the effective date of the share consolidation, the number of consolidated shares in issue will not exceed 141 million shares. As of the announcement date, the existing shares are traded on the Stock Exchange in board lots of 5,000 existing shares each. It is proposed that the board lot size for trading the shares on the Stock Exchange be changed from 5,000 existing shares to 10,000 consolidated shares, subject to the share consolidation becoming effective.