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GOGOX Holdings Limited ( (HK:2246) ) has shared an update.
GOGOX Holdings Limited has announced a proposed share consolidation where every ten existing shares will be consolidated into one new share, effectively changing the par value of the shares. This move is accompanied by a proposed change in the board lot size for trading on the Stock Exchange from 200 existing shares to 2,000 consolidated shares. The changes are contingent upon approval at an Extraordinary General Meeting (EGM) and other regulatory conditions. The consolidation aims to streamline the company’s share structure, potentially impacting trading dynamics and shareholder value.
More about GOGOX Holdings Limited
YTD Price Performance: 14.29%
Average Trading Volume: 3,189,982
Technical Sentiment Signal: Hold
Find detailed analytics on 2246 stock on TipRanks’ Stock Analysis page.