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Fire Rock Holdings Ltd ( (HK:1909) ) has issued an announcement.
Fire Rock Holdings Ltd has announced a proposed share consolidation where every twenty existing shares will be consolidated into one consolidated share. This move will not change the authorized share capital of the company, which remains at HK$20,000,000, but will alter the number of shares in issue to 192,000,000 consolidated shares. The board lot size for trading will remain unchanged at 2,000 shares. The consolidation is subject to shareholder approval at an extraordinary general meeting (EGM), and the company advises caution to shareholders and potential investors regarding the conditional nature of this proposal.
More about Fire Rock Holdings Ltd
YTD Price Performance: -19.23%
Average Trading Volume: 1,835,581
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$403.2M
For detailed information about 1909 stock, go to TipRanks’ Stock Analysis page.