Gogox Holdings (HKG:2246) proposed a 10-to-1 share consolidation, reducing its issued shares from 628,827,391 to 62,882,739, according to a Monday filing with the Hong Kong bourse.
The authorized share capital will remain at $50,000. The board plans to increase the trading lot size from 200 to 2,000 consolidated shares.
Based on the closing price of HK$0.530 per share, the new lot value would be HK$10,600. The consolidation is subject to shareholder approval at an upcoming EGM.
The logistics solution providers' shares were down by 17%.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。