EPWK Holdings Ltd. Approves Share Consolidation, Increasing Share Par Value
Reuters
Sep 16
EPWK Holdings Ltd. Approves Share Consolidation, Increasing Share Par Value
EPWK Holdings Ltd. has approved a share consolidation that will see each 100 existing shares consolidated into 1 new share, with the option for the Board of Directors to adjust the consolidation ratio, not dropping below 2-to-1, within one year following their recent extraordinary general meeting. The company's authorized share capital has also been significantly increased, allowing for the issuance of up to 9 billion Class A Ordinary Shares and 1 billion Class B Ordinary Shares.
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