Anchorstone Holdings Announces Share Consolidation and Change in Board Lot Size

Reuters
Sep 25
Anchorstone Holdings Announces Share Consolidation and Change in Board Lot Size

Anchorstone Holdings Ltd. has announced a proposed share consolidation and change in board lot size. The move aims to address the low trading price of its shares and comply with Hong Kong Stock Exchange requirements, ensuring that the expected board lot value exceeds HK$2,000. The company will provide matching services for odd lots for at least three weeks to ease the transition. A fund-raising placing will be completed before the consolidation takes effect.

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