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Value Convergence Proposes Share Consolidation and Board Lot Size Change

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Value Convergence Proposes Share Consolidation and Board Lot Size Change

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Value Convergence Holdings Limited ( (HK:0821) ) has shared an announcement.

Value Convergence Holdings Limited has announced a proposed share consolidation, consolidating every ten existing shares into one consolidated share, subject to shareholder approval at an upcoming extraordinary general meeting (EGM). Additionally, the board lot size for trading is proposed to change from 4,000 existing shares to 8,000 consolidated shares, contingent upon the share consolidation’s effectiveness. This move is not expected to alter the company’s underlying assets, business operations, or financial position, but aims to streamline share structure and trading efficiency.

More about Value Convergence Holdings Limited

Value Convergence Holdings Limited is a company incorporated in Hong Kong, operating within the financial services industry. It is listed on the Stock Exchange of Hong Kong under the stock code 821.

Average Trading Volume: 2,455,357

Technical Sentiment Signal: Sell

Current Market Cap: HK$91.52M

See more insights into 0821 stock on TipRanks’ Stock Analysis page.

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