Bonjour Holdings Proposes Major Share Restructuring

Bonjour Holdings (HK:0653) has released an update.

Bonjour Holdings Limited has announced an extraordinary general meeting to be held in Hong Kong, with proposals for a Share Consolidation and a Capital Reduction, followed by a Sub-division. If approved, these financial maneuvers involve consolidating every twenty ordinary shares into one and then reducing the paid-up share capital per share, followed by sub-dividing each Consolidated Share into twenty new shares. These changes are subject to various conditions, including approvals from the Stock Exchange and legal compliance.

For further insights into HK:0653 stock, check out TipRanks’ Stock Analysis page.