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The latest announcement is out from China Environmental Energy Investment Limited ( (HK:0986) ).
Dufu Liquor Group Limited has proposed a comprehensive capital reorganisation that includes a one-for-ten share consolidation, a reduction of the par value of each consolidated share from HK$1.00 to HK$0.01, a subdivision of unissued shares, and a reduction of its share premium account to nil, with the resulting credits transferred to contributed surplus. Once effective and subject to shareholder approval at a special general meeting, the authorised share capital will be reset to HK$1 billion divided into 100 billion new shares, and the board lot size on the Hong Kong Stock Exchange will change from 2,000 existing shares to 5,000 new shares, a move aimed at adjusting trading liquidity and board-lot value without altering overall shareholder interests.
The most recent analyst rating on (HK:0986) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on China Environmental Energy Investment Limited stock, see the HK:0986 Stock Forecast page.
More about China Environmental Energy Investment Limited
Dufu Liquor Group Limited, incorporated in Bermuda and listed in Hong Kong, operates in the liquor and beverage sector. The company accesses capital markets via the Stock Exchange of Hong Kong and manages its share structure in line with listing rules and investor trading practices.
Average Trading Volume: 1,099,597
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$90.63M
Learn more about 0986 stock on TipRanks’ Stock Analysis page.