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The latest update is out from IRC ( (HK:1029) ).
IRC, a company incorporated in Hong Kong, has announced a proposed share consolidation where every ten existing shares will be consolidated into one consolidated share. This move aims to streamline the company’s share structure and is contingent upon shareholder approval at the upcoming AGM. Additionally, the board lot size for trading on the Stock Exchange will change from 2,000 existing shares to 4,000 consolidated shares, potentially impacting trading dynamics and shareholder value.
More about IRC
Average Trading Volume: 3,431,038
Technical Sentiment Signal: Sell
Current Market Cap: HK$971.2M
For a thorough assessment of 1029 stock, go to TipRanks’ Stock Analysis page.