China Vered Financial Announces Share Consolidation and Board Lot Size Change

China Vered Financial Holding Corporation Limited ( (HK:0245) ) just unveiled an update.

China Vered Financial Holding Corporation Limited has announced a proposed share consolidation, where every twenty existing shares will be consolidated into one share. This move aims to streamline the company’s share structure, potentially impacting the trading dynamics on the Stock Exchange. Additionally, the company plans to change the board lot size for trading from 10,000 existing shares to 5,000 consolidated shares, contingent upon the share consolidation’s effectiveness. These changes are subject to shareholder approval and regulatory conditions, and they are not expected to alter the company’s underlying business operations or shareholder rights.

More about China Vered Financial Holding Corporation Limited

China Vered Financial Holding Corporation Limited is a company incorporated in Hong Kong, operating in the financial services industry. It focuses on providing a range of financial products and services, though specific details about its market focus or primary products are not provided in the announcement.

Technical Sentiment Signal: Strong Buy

Current Market Cap: €190.5M

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