Huisheng International Holdings Limited (Huisheng Intl) released a revised schedule for its proposed share consolidation and related board lot size adjustment, according to an announcement dated 10 June 2026.
The company plans to consolidate every eight existing shares of HK$0.01 par value into one consolidated share of HK$0.08 par value. Conditional on this consolidation becoming effective, the standard trading lot on the Stock Exchange of Hong Kong will be altered from 4,000 existing shares to 10,000 consolidated shares.
Key changes to the timetable are as follows:
• Circular dispatch: moved to on or before 18 June 2026 (previously 11 June 2026). • Extraordinary General Meeting: rescheduled to 11:00 a.m. on 8 July 2026 (previously 30 June 2026). • Share register closure for voting entitlement: 3 July 2026–8 July 2026, with transfer documents due by 4:30 p.m. on 2 July 2026. • Proxy submission deadline: 11:00 a.m. on 6 July 2026. • Poll results announcement: 8 July 2026.
Subject to shareholder approval, the operational timetable remains unchanged:
• Consolidation effective date and first day of trading in consolidated shares: 10 July 2026. • Temporary trading counter (500 consolidated shares per lot) opens: 10 July 2026. • Original counter reopens with new 10,000-share lots: 24 July 2026; this date also marks the formal change in board lot size and the start of parallel trading. • Odd-lot matching service: 24 July 2026–13 August 2026. • End of parallel trading and closure of temporary counter: 4:10 p.m. on 13 August 2026. • Final date for free exchange of old share certificates: 4:30 p.m. on 17 August 2026.
Huisheng Intl emphasized that the share consolidation remains subject to the conditions outlined in its earlier announcement. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.