Mighty Kingdom Ltd (AU:MKL) has released an update.
Mighty Kingdom Limited has successfully completed its share consolidation process, which was previously approved by shareholders, resulting in a new capital structure with fewer but proportionately more valuable shares and options. Shareholders will receive updated holding statements reflecting their post-consolidation securities, with trading to resume on a standard basis come early September. This strategic move aims to streamline the company’s equity and enhance shareholder value.
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