Fantasia Holdings Group Co., Limited announced a proposal to consolidate every five existing shares of HK$0.10 each into one consolidated share of HK$0.50. The initiative aims to lift the trading price above HK$0.10 and raise the board-lot value above HK$2,000, satisfying Hong Kong Listing Rule 13.64 and related guidance.

Upon completion of the restructuring-linked share issuance and the consolidation, authorised share capital will stand at HK$3.00 billion, divided into 6.00 billion consolidated shares. Issued share capital is expected to comprise 3.62 billion consolidated shares, compared with 5.77 billion existing shares outstanding today.

The board also proposes to change the board-lot size from 1,500 existing shares to 5,000 consolidated shares. At the latest closing price of HK$0.082 per existing share, the notional value per new board lot will rise to HK$2,050, versus HK$123 currently.

Key conditions for the consolidation include: 1. The restructuring effective date occurring. 2. Shareholder approval at the extraordinary general meeting (EGM) scheduled for 15 May 2026. 3. Listing Committee approval for dealing in the consolidated shares. 4. Compliance with Cayman Islands law and Listing Rules procedures.

If approved, the consolidation will take effect on 3 August 2026. Free exchange of old share certificates for new ones will run from 3 August to 8 September 2026. The new 5,000-share board lot will become effective on 17 August 2026, when parallel trading and odd-lot matching services commence.

Management stated that the exercise will not alter shareholder rights or materially impact the group’s assets, operations, or financial position, aside from customary administrative expenses and handling of fractional entitlements.

Fantasia cautioned that the proposals remain subject to the stated conditions and may not proceed if any requirement is unmet. Shareholders are urged to exercise prudence when trading the company’s securities.