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Wai Hung Group Holdings Ltd. ( (HK:3321) ) has provided an announcement.
Zhongke Group Holdings Limited has secured shareholder approval at its extraordinary general meeting on 22 April 2026 for a share consolidation, with every ten existing ordinary shares merged into one consolidated share, following a unanimous poll vote. The meeting, attended by most board members and overseen by an independent scrutineer, reported no voting restrictions, abstentions or opposition among shareholders.
Subject to final listing approval from the Hong Kong Stock Exchange, the share consolidation will take effect on 24 April 2026, with trading in consolidated shares commencing the same day. The company will also change its board lot size on 11 May 2026 from 2,500 existing shares to 10,000 consolidated shares, and will issue new green share certificates, a move aimed at standardising trading units and potentially improving market liquidity and trading efficiency for investors.
More about Wai Hung Group Holdings Ltd.
Zhongke Group Holdings Limited, formerly known as Wai Hung Group Holdings Limited, is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange under stock code 3321. The group operates with a board comprising executive, non-executive and independent non-executive directors, and has a substantial shareholder base with 726,696,000 issued shares prior to the latest corporate actions.
Average Trading Volume: 5,105,921
Technical Sentiment Signal: Sell
Current Market Cap: HK$33.43M
See more insights into 3321 stock on TipRanks’ Stock Analysis page.