Taung Gold International Ltd. Announces 10-to-1 Share Consolidation and Board Lot Size Change

Reuters

Jul 11

Taung Gold International Ltd. Announces 10-to-1 Share Consolidation and Board Lot Size Change

Taung Gold International Ltd. has announced a proposed share consolidation plan, set to consolidate every ten issued and unissued existing shares with a par value of HK$0.01 into one consolidated share with a par value of HK$0.10. The move is part of a strategic adjustment aimed at optimizing the company's share structure. The proposal is subject to certain conditions and is expected to be detailed in a circular to be dispatched to shareholders by July 21, 2025. The outcome of this consolidation remains contingent on fulfilling the specified conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taung Gold International Ltd. published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

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.

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Announces 10-to-1 Share Consolidation and Board Lot Size Change","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Taung Gold International Ltd. Announces 10-to-1 Share Consolidation and Board Lot Size Change\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Taung Gold International Ltd. has announced a proposed share consolidation plan, set to consolidate every ten issued and unissued existing shares with a par value of HK$0.01 into one consolidated share with a par value of HK$0.10. The move is part of a strategic adjustment aimed at optimizing the company's share structure. The proposal is subject to certain conditions and is expected to be detailed in a circular to be dispatched to shareholders by July 21, 2025. 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