Skyline Builders Group Holding Ltd. Proposes 10-to-1 Share Consolidation
Reuters
Aug 25
Skyline Builders Group Holding Ltd. Proposes 10-to-1 Share Consolidation
Skyline Builders Group Holding Ltd. (NASDAQ: SKBL), a civil engineering services provider in Hong Kong, announced a proposed share consolidation. The proposal involves consolidating ten ordinary shares into one, with the final ratio to be determined by the Board. This move, pending shareholder approval, aims to streamline the company's share structure. The consolidation will be implemented within a year if approved, with no fractional shares issued. Further details will be provided in an upcoming extraordinary general meeting.
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