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Sinolink Worldwide Holdings Announces Share Consolidation and Board Lot Size Change

Story Highlights
  • Sinolink plans to consolidate every twenty existing shares into one consolidated share.
  • The board lot size for trading will change from 2,000 existing shares to 1,000 consolidated shares.
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Sinolink Worldwide Holdings Announces Share Consolidation and Board Lot Size Change

An announcement from Sinolink Worldwide Holdings ( (HK:1168) ) is now available.

Sinolink Worldwide Holdings has announced a proposed share consolidation and change in board lot size. The company plans to consolidate every twenty existing shares into one consolidated share, reducing the total number of shares in issue. Additionally, the board lot size for trading will change from 2,000 existing shares to 1,000 consolidated shares. These changes are subject to shareholder approval and other conditions, and aim to streamline the company’s share structure.

More about Sinolink Worldwide Holdings

YTD Price Performance: -15.00%

Technical Sentiment Signal: Sell

Current Market Cap: $146.8M

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