WellCell Holdings Co., Limited ( (HK:2477) ) has issued an update.
WellCell Holdings Co., Limited has announced plans to subdivide its shares and change the board lot size for trading on the Stock Exchange of Hong Kong. The proposed share subdivision will see each existing share split into two, effectively doubling the number of shares without altering the company’s market capitalization. The board lot size will be reduced from 4,000 shares to 800 shares. These changes are intended to enhance the liquidity of the company’s shares and potentially increase access for smaller investors. The implementation of these proposals is subject to shareholder approval at an extraordinary general meeting.
More about WellCell Holdings Co., Limited
YTD Price Performance: 288.63%
Average Trading Volume: 3,674,695
Technical Sentiment Consensus Rating: Strong Sell
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