Intelligent Living Application Group Incorporation (ILAG) has released an update.
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Intelligent Living Application Group Inc. has announced a shareholder-approved share consolidation, with the final ratio of ordinary shares consolidation, ranging from 1-for-2 to 1-for-5, to be determined by the board within 90 days. The board may decide not to proceed with the consolidation if deemed not in the best interest of the company and its shareholders.
For further insights into ILAG stock, check out TipRanks’ Stock Analysis page.