Fantasia Plans Share Consolidation and Board Lot Change

The latest announcement is out from Fantasia Holdings Group Co. Ltd. ( (HK:1777) ).

Fantasia Holdings has proposed a share consolidation that will merge every five existing shares with a par value of HK$0.10 into one consolidated share with a par value of HK$0.50. The company will seek shareholder approval at an extraordinary general meeting, with a circular providing further details to be dispatched by late April 2026.

Subject to the consolidation taking effect, the board lot size for trading on the Hong Kong Stock Exchange will change from 1,500 existing shares to 5,000 consolidated shares, altering the minimum tradeable unit for investors. The company cautioned that the proposals remain conditional and may not proceed, advising shareholders and potential investors to exercise care when dealing in its shares.

More about Fantasia Holdings Group Co. Ltd.

Fantasia Holdings Group Co., Limited is a Cayman Islands-incorporated company listed in Hong Kong and engaged in property-related businesses. Its shares trade on the Hong Kong Stock Exchange under stock code 1777, with a shareholder base that includes both institutional and retail investors in the region.

YTD Price Performance: 1.30%

Average Trading Volume: 827,263

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$450.3M

For an in-depth examination of 1777 stock, go to TipRanks’ Overview page.