CMON Limited Proposes Share Structure Changes
CMON Limited has announced proposed changes to its share structure, including increasing authorized share capital, consolidating shares, and changing the board lot size for trading. These changes are subject to shareholder approval at an upcoming extraordinary general meeting and aim to streamline the share structure and enhance trading liquidity.
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An announcement from CMON Limited ( (HK:1792) ) is now available.
CMON Limited, a company incorporated in the Cayman Islands, has announced a series of proposed changes to its share structure. These include an increase in authorized share capital from HK$380,000 to HK$1,750,000, a share consolidation where every 35 existing shares will be consolidated into one new share, and a change in the board lot size for trading from 70,000 existing shares to 2,000 consolidated shares. These proposals are subject to shareholder approval at an upcoming extraordinary general meeting (EGM). The changes aim to streamline the company’s share structure and potentially enhance trading liquidity.
More about CMON Limited
Average Trading Volume: 16,031,833
Technical Sentiment Signal: Buy
Current Market Cap: HK$72.24M
Learn more about 1792 stock on TipRanks’ Stock Analysis page.
