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China Bozza Proposes Share Consolidation and Board Lot Size Change

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China Bozza Proposes Share Consolidation and Board Lot Size Change

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An announcement from China Bozza Development Holdings Limited ( (HK:1069) ) is now available.

China Bozza Development Holdings Limited has announced a proposed share consolidation and change in board lot size. The company plans to consolidate every ten existing shares into one consolidated share, reducing the number of shares in issue from 859,242,204 to 85,924,220, while maintaining the authorized share capital at HK$100,000,000. Additionally, the board lot size for trading on the Stock Exchange will change from 16,000 existing shares to 10,000 consolidated shares. This move is intended to streamline the company’s share structure without affecting its financial position or shareholder rights.

More about China Bozza Development Holdings Limited

Average Trading Volume: 8,758,814

Technical Sentiment Signal: Sell

Current Market Cap: HK$45.54M

For a thorough assessment of 1069 stock, go to TipRanks’ Stock Analysis page.

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