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Universal Health International Proposes Share Consolidation

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Universal Health International Proposes Share Consolidation

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Universal Health International Group Holding Ltd. ( (HK:2211) ) just unveiled an announcement.

Universal Health International Group Holding Ltd. has announced a proposed share consolidation, where every ten issued and unissued existing shares of US$0.01 will be consolidated into one consolidated share of US$0.10. This move is subject to shareholder approval at an Extraordinary General Meeting (EGM) and compliance with relevant legal and listing requirements. The consolidation aims to streamline the company’s share structure, although it may result in the creation of odd lots, which could affect trading dynamics. Shareholders and investors are advised to exercise caution and consult professional advisers.

More about Universal Health International Group Holding Ltd.

YTD Price Performance: -48.24%

Average Trading Volume: 11,688,398

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$70.49M

For an in-depth examination of 2211 stock, go to TipRanks’ Stock Analysis page.

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