YOUZAN Proposes 20-for-1 Share Consolidation and Adjusts Trading Board Lot Size

Stock News

May 20

YOUZAN (06051) announced that its board of directors has recommended a share consolidation. Under this proposal, every 20 issued and unissued existing shares with a par value of HK$0.01 each will be consolidated into one consolidated share with a par value of HK$0.20 each. The share consolidation is subject to, among other conditions, approval by shareholders at the annual general meeting. As of the date of this announcement, the existing shares are traded on the Stock Exchange in board lots of 4,000 existing shares. It is proposed that, conditional upon and taking effect with the share consolidation, the board lot size for trading on the Stock Exchange will be changed from 4,000 existing shares to 5,000 consolidated shares.

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Under this proposal, every 20 issued and unissued existing shares with a par value of HK$0.01 each will be consolidated into one consolidated share with a par value of HK$0.20 each. The share consolidation is subject to, among other conditions, approval by shareholders at the annual general meeting. As of the date of this announcement, the existing shares are traded on the Stock Exchange in board lots of 4,000 existing shares. It is proposed that, conditional upon and taking effect with the share consolidation, the board lot size for trading on the Stock Exchange will be changed from 4,000 existing shares to 5,000 consolidated shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06051","symbol_name":"有赞","start_time":0,"source_url":"","article_id":"1151127077","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151127077","pubTimestamp":1779277819,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"YOUZAN (06051) announced that its board of directors has recommended a share consolidation. 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