New Ray Medicine Announces Capital Restructuring with Share Consolidation and Sub-division

Reuters
06-06
New Ray Medicine Announces Capital Restructuring with Share Consolidation and Sub-division

New Ray Medicine International Holding Ltd., a company incorporated in Bermuda, has announced a proposed capital reorganisation. This restructuring will involve a share consolidation, capital reduction, and share sub-division, consolidating every ten issued and unissued existing shares of par value HK$0.05 into one consolidated share of par value HK$0.50. Subsequently, each authorised but unissued consolidated share will be subdivided into fifty new shares of par value HK$0.01 each. The move aims to address market price extremities in accordance with Hong Kong Stock Exchange rules.

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 06, 2025, and is solely responsible for the information contained therein.

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