According to the announcement from ZhiTong Finance APP, WEB3 META (08093) has proposed that the board of directors implement a share consolidation on the basis of merging every 20 existing shares with a par value of HKD 0.01 each into 1 consolidated share with a par value of HKD 0.2.
Currently, existing shares are traded in board lots of 5,000 shares on the Stock Exchange. Subject to and pending the effectiveness of the share consolidation, the board of directors proposes to change the board lot size from 5,000 existing shares to 2,000 consolidated shares

08093

WEB3 META's board of directors recommends a "20-for-1" share consolidation, merging every 20 shares with a par value of HKD 0.01 into 1 share with a par value of HKD 0.2. At the same time, the existing trading unit of 5000 shares will be changed to 2000 shares of consolidated stock, to be implemented after the share consolidation takes effect

WEB3 META plans to conduct a "20-for-1" share consolidation and change the trading unit per lot