CMRU suggests implementing share reduction and share split
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The board of directors of China Metal Resources Utilization recommends implementing a share reduction and share split. Specific measures include: canceling the fully paid-up capital, reducing the par value of each issued share from HKD 1.00 to HKD 0.01; subsequently, splitting the statutory unissued shares with a par value of HKD 1.00 into 100 new shares with a par value of HKD 0.01 each. At the same time, it is proposed to change the trading unit for buying and selling shares from 4,000 shares to 8,000 new shares
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