Shun Wo Group Holdings Ltd. (HK:1591) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Shun Wo Group Holdings Ltd. announces a proposed share consolidation, converting every ten existing shares into one consolidated share, aiming to streamline its capital structure without affecting shareholder equity or the company’s financial position. The consolidation is subject to shareholder approval and stock exchange listing, with an expected effective date of 17 September 2024. Shareholders are advised to consult professional advisers and exercise caution when dealing with the company’s securities during this period.
For further insights into HK:1591 stock, check out TipRanks’ Stock Analysis page.