VISION VALUES (00862) has announced that its board of directors has recommended a share consolidation. The proposal involves consolidating every 10 existing shares with a nominal value of HK$0.01 each into one consolidated share with a nominal value of HK$0.1 each. As of the date of this announcement, the company's authorized share capital is HK$200 million, divided into 20 billion existing shares with a nominal value of HK$0.01 each. Of these, 3.924 billion existing shares have been allotted and issued and are fully paid up. The share consolidation is subject to, among other conditions, approval by shareholders via an ordinary resolution at a special general meeting. Currently, the board lot size for trading the existing shares on the Stock Exchange is 5,000 existing shares. Subject to and conditional upon the share consolidation taking effect, the board lot size for trading on the Exchange is proposed to be changed from 5,000 existing shares to 10,000 consolidated shares.