MicroPort CardioFlow Medtech (2160) Announces EGM Results, Share Consolidation Effective Feb. 24, 2026

Bulletin Express
Feb 11

MicroPort CardioFlow Medtech Corporation (Stock Code: 2160) concluded an Extraordinary General Meeting on February 11, 2026, where shareholders passed a resolution by poll to approve a share consolidation. According to the company’s announcement, the resolution received 4,038,107,450 votes in favor, with no votes against. The existing total of 6,366,557,195 issued shares were eligible to vote on the resolution.

The share consolidation will take effect on February 24, 2026, leading to 1,273,311,439 consolidated shares in issue and fully paid. Dealings in the new consolidated shares will begin at 9:00 a.m. on the same day. Certificates for the consolidated shares will be issued in light gold, while the existing blue certificates will remain valid only as title documents.

Outstanding share options will be adjusted in terms of exercise price and the number of consolidated shares to be issued upon exercise. The announcement notes that the independent auditor, KPMG, confirmed calculations related to these adjustments, which were made in accordance with the relevant listing rules and the terms of the company’s share schemes.

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