RA SILK ROAD suggests conducting an equity restructuring
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The board of RA SILK ROAD has proposed a capital restructuring, including a share consolidation, capital reduction, and share split. The specific measures are: 1. Consolidate every 10 shares into 1 share, with the par value adjusted from HKD 0.05 to HKD 0.5; 2. Reduce the capital to HKD 0.001 per share, cancel fractional shares, and transfer approximately HKD 29.1 million into the distributable reserve; 3. Split the unissued shares into 500 shares, each with a par value of HKD 0.001. The trading unit will be changed from 20,000 shares to 10,000 shares
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