China Tower (HK:0788) has released an update.
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China Tower Corporation Limited is set to hold a meeting on December 23, 2024, to discuss a proposed share consolidation and capital reduction. The plan involves consolidating every ten existing shares into one, reducing the company’s total share capital significantly. This move is part of the company’s strategy to optimize its capital structure and may impact the stock’s value.
For further insights into HK:0788 stock, check out TipRanks’ Stock Analysis page.