Macau Legend Development Limited has announced a series of corporate actions, including a capital reduction, share sub-division, and the transfer of credit arising from the capital reduction to the contributed surplus account. The capital reduction will reduce the issued share capital by cancelling paid-up capital to the extent of HK$0.99 per issued share, lowering the nominal value of each share from HK$1.00 to HK$0.01. Following this, each authorised but unissued share of par value HK$1.00 will be sub-divided into one hundred new shares of par value HK$0.01 each.
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