Get Nice Holdings to Implement 20-to-1 Share Consolidation
Reuters
Jul 03
Get Nice Holdings to Implement 20-to-1 Share Consolidation
Get Nice Holdings Limited has announced a proposed share consolidation, where every twenty existing shares valued at HK$0.10 each will be consolidated into one share valued at HK$2.00. This move aims to comply with the Listing Rules regarding market price extremities. The consolidation is conditional upon shareholder approval at an upcoming extraordinary general meeting. The company plans to appoint a securities firm to assist shareholders with managing any resultant odd lots from the consolidation.
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