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China Smarter Energy Group Holdings Limited ( (HK:1004) ) has shared an announcement.
China Smarter Energy Group Holdings Limited has proposed a 20‑to‑1 share consolidation, reducing its issued share capital from approximately 9.37 billion shares to about 468.7 million shares, with each consolidated share having a par value of HK$0.05. The company will also increase the trading board lot from 2,000 existing shares to 10,000 consolidated shares, subject to shareholder approval at a special general meeting, though the move will not affect the group’s underlying assets, operations or shareholders’ proportional interests aside from the treatment of fractional entitlements, and investors are cautioned that the consolidation may or may not proceed.
The most recent analyst rating on (HK:1004) stock is a Hold with a HK$0.03 price target. To see the full list of analyst forecasts on China Smarter Energy Group Holdings Limited stock, see the HK:1004 Stock Forecast page.
More about China Smarter Energy Group Holdings Limited
Average Trading Volume: 17,144,628
Technical Sentiment Signal: Hold
Current Market Cap: HK$243.7M
See more data about 1004 stock on TipRanks’ Stock Analysis page.