KNT Holdings Limited (HK:1025) has released an update.
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KNT Holdings Limited successfully passed a resolution at their recent Extraordinary General Meeting to consolidate every twenty shares into one, adjusting the par value from HK$0.01 to HK$0.20. This consolidation was overwhelmingly approved by shareholders, reflecting strong company support for this strategic move. The decision could potentially impact the stock’s liquidity and market perception, making it a noteworthy event for investors and market watchers.
For further insights into HK:1025 stock, check out TipRanks’ Stock Analysis page.