Zhongzheng International Co. Ltd., incorporated in Bermuda and listed under stock code 943, has announced a share consolidation as part of its latest proposals. This move is detailed in the company's circular, which has been dispatched following an earlier announcement on 15 May 2025. The share consolidation is part of a broader strategy that includes share premium reduction, change in board lot size, debt capitalisation, and a rights issue. The proposals are pending approval from independent shareholders and the granting of a Whitewash Waiver.
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.