Tian Ruixiang Plans Share Consolidation Vote

Tian Ruixiang Holdings Ltd (TIRX) has released an update.

Tian Ruixiang Holdings Ltd is set to conduct an Extraordinary General Meeting on May 6, 2024, where shareholders will vote on a share consolidation proposal. This consolidation will convert every five existing Class A and Class B Ordinary Shares into one share with a higher par value, with no fractional shares to be issued. Shareholders can attend the meeting physically in Beijing or virtually, and are encouraged to vote via proxy if they cannot attend.

For further insights into TIRX stock, check out TipRanks’ Stock Analysis page.