New Ray Medicine Announces 10-to-1 Share Consolidation Effective July 2025

Reuters

06-26

New Ray Medicine Announces 10-to-1 Share Consolidation Effective July 2025

New Ray Medicine International Holding Ltd. announced a share consolidation, whereby every ten issued and unissued shares of par value HK$0.05 each will be consolidated into one share of par value HK$0.50. Following this, the total number of consolidated shares will be rounded down to eliminate any fractions. Additionally, the par value of each issued consolidated share will be reduced from HK$0.50 to HK$0.01. This move aims to streamline the company's share structure.

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. New Ray Medicine International Holding Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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