Yuan Heng Gas Announces 20-for-1 Share Consolidation; Issued Shares Cut by 95%

Bulletin Express
Jul 07

Yuan Heng Gas Holdings Limited reported a completed capital reorganisation that consolidated every twenty existing shares into one consolidated share, effective 06 July 2026. As a result, the company’s issued share capital contracted from 6.55 billion ordinary shares to 327.28 million, representing a 95 % reduction in the share count.

According to the Next Day Disclosure Return filed with the Hong Kong Stock Exchange, the consolidation also involved cancelling fractional entitlements arising from the process through a capital reduction. No treasury shares were created or cancelled, and the post-consolidation share count stands entirely as issued shares listed on the Exchange.

The disclosure was submitted by Company Secretary Wan Oi Ming Kevin under Listing Rule 13.25A, confirming that no share repurchases, redemptions or on-market sales of treasury shares occurred in conjunction with the restructuring.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10