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Zhengwei Group Holdings Company Limited ( (HK:2147) ) has provided an update.
Zhengwei Group Holdings Company Limited has announced a proposed share consolidation, where every twenty existing shares will be consolidated into one consolidated share. This move will reduce the total number of shares from 1,120,000,000 to a maximum of 56,000,000, assuming no additional shares are issued or bought back before the consolidation’s effective date. The consolidation aims to streamline the company’s share structure without affecting its underlying assets, operations, or shareholder rights, except for fractional shares which will not be allocated.
More about Zhengwei Group Holdings Company Limited
Average Trading Volume: 16,693,106
Technical Sentiment Signal: Buy
Current Market Cap: HK$75.04M
See more data about 2147 stock on TipRanks’ Stock Analysis page.