Shougang Century Shareholders to Vote on Share Consolidation on Nov. 3

MT Newswires Live

10/16

Shareholders of Shougang Century (HKG:0103) will meet Nov. 3 to vote on a proposed 5-for-1 share consolidation, a Thursday Hong Kong bourse filing said

The consolidation will reduce the steel cord maker's issued shares to 535 million from around 2.68 billion previously.

The board lot size will also be adjusted to 1,000 consolidated shares from 2,000 existing shares.

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