Zhongzheng International Announces Share Consolidation Plan

Reuters
06-19
Zhongzheng International Announces Share Consolidation Plan

Zhongzheng International Co. Ltd., incorporated in Bermuda and listed under stock code 943, has announced a share consolidation as part of its latest proposals. This move is detailed in the company's circular, which has been dispatched following an earlier announcement on 15 May 2025. The share consolidation is part of a broader strategy that includes share premium reduction, change in board lot size, debt capitalisation, and a rights issue. The proposals are pending approval from independent shareholders and the granting of a Whitewash Waiver.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhongzheng International Co. Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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