Shareholders of Hony Media Group (HKG:0419) will meet Dec. 9 to vote on its proposed 10-for-1 share consolidation, a Tuesday Hong Kong bourse filing said.

Following completion, the firm will have an authorized share capital of HK$3 billion divided into 15 million consolidated shares, of which nearly 1.36 billion will be in issue and fully paid.

The consolidation is expected to become effective Dec. 11.