Ev Dynamics (Holdings) Limited (HK:0476) has released an update.
Ev Dynamics (Holdings) Limited proposes a share consolidation that transforms every five existing shares into one consolidated share, affecting the company’s total issued shares to reduce to approximately 185.6 million, assuming no changes in shares issued before the Special General Meeting (SGM). The board lot size for trading will remain at 10,000 shares post-consolidation. Shareholders are advised to exercise caution and consult professional advisers as the consolidation is subject to certain conditions and may not proceed as planned.
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