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Central Wealth Group Proposes Capital Reorganisation and Board Lot Size Change

Story Highlights
  • Central Wealth Group plans a capital reorganisation to maintain its authorised share capital.
  • The company proposes changing the board lot size from 14,000 to 10,000 shares.
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Central Wealth Group Proposes Capital Reorganisation and Board Lot Size Change

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Central Wealth Group Holdings Limited ( (HK:0139) ) just unveiled an update.

Central Wealth Group Holdings Limited has announced a proposed capital reorganisation and change in board lot size. The capital reorganisation involves a share consolidation, capital reduction, and subdivision of shares, aiming to maintain the authorised share capital at HK$800,000,000. Additionally, the board lot size for trading on the Stock Exchange will change from 14,000 to 10,000 shares, impacting the value of each board lot. These changes are subject to shareholder approval at an upcoming general meeting.

More about Central Wealth Group Holdings Limited

Average Trading Volume: 268,372,921

Technical Sentiment Signal: Sell

Current Market Cap: HK$450.5M

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