Shareholders of Anchorstone (HKG:1592) will meet Oct. 22 to vote on a proposed 10-for-1 share consolidation, a Thursday Hong Kong bourse filing said.
The marble and granite supplier had first shared its plan regarding the consolidation in September.
The move, if approved, will reduce the company's existing issued shares to nearly 241.3 million consolidated shares from a little over 2.41 billion existing shares.