FANTASIA (01777) Proposes Share Consolidation and Adjustment of Board Lot Size
Stock News
Apr 24
FANTASIA (01777) has announced that its board of directors recommends a share consolidation. The basis for the consolidation is that every five issued and unissued existing shares, each with a par value of HK$0.10, will be combined into one consolidated share with a par value of HK$0.50. As of the date of this announcement, the existing shares are traded on the Stock Exchange in board lots of 1,500 existing shares. Subject to the share consolidation taking effect, it is proposed that the board lot size for trading will be changed from 1,500 existing shares to 5,000 consolidated shares.
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