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Sterling Group Holdings Limited ( (HK:1825) ) has shared an update.
Sterling Group Holdings Limited plans a comprehensive capital reorganisation that includes consolidating every ten existing shares of HK$0.04 par value into one consolidated share of HK$0.40, followed by a capital reduction to lower the par value of each issued consolidated share from HK$0.40 to HK$0.01 and a subdivision of authorised but unissued consolidated shares into new shares of HK$0.01 each, all of which will rank equally. The company will also change the trading board lot size on the Hong Kong Stock Exchange from 2,500 to 2,000 new shares, a move that adjusts its share capital structure and trading parameters but remains subject to shareholder approval at an extraordinary general meeting and satisfaction of specified conditions, meaning the measures may or may not take effect and investors are urged to exercise caution.
The most recent analyst rating on (HK:1825) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Sterling Group Holdings Limited stock, see the HK:1825 Stock Forecast page.
More about Sterling Group Holdings Limited
Average Trading Volume: 217,656
Technical Sentiment Signal: Sell
Current Market Cap: HK$34.91M
See more data about 1825 stock on TipRanks’ Stock Analysis page.