China Cultural Tourism and Agriculture Group Announces 5-to-1 Share Consolidation and Change in Board Lot Size

Reuters
Sep 25
China Cultural Tourism and Agriculture Group Announces 5-to-1 Share Consolidation and Change in Board Lot Size

China Cultural Tourism and Agriculture Group Ltd. has announced a proposed share consolidation, converting every five existing shares of HK$0.01 each into one consolidated share of HK$0.05 each. The company also plans to change the board lot size for trading on the Hong Kong Stock Exchange from 8,000 existing shares to 4,000 consolidated shares. The move aims to comply with listing rules and maintain an appropriate trading price and board lot value.

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