Platt Nera Announces Share Consolidation Following EGM Approval

Tip Ranks
2025.12.03 12:08
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Platt Nera International Limited announced the approval of a share consolidation at its EGM on December 3, 2025. The consolidation involves merging every five shares into one, changing the par value from HK$0.01 to HK$0.05, aiming to streamline the share structure and enhance shareholder value.

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An announcement from Platt Nera International Limited ( (HK:1949) ) is now available.

Platt Nera International Limited announced the successful passing of a resolution at its Extraordinary General Meeting held on December 3, 2025. The resolution involves a share consolidation where every five issued and unissued ordinary shares will be consolidated into one share, effectively changing the par value from HK$0.01 to HK$0.05. This move is aimed at streamlining the company’s share structure and potentially enhancing shareholder value.

The most recent analyst rating on (HK:1949) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Platt Nera International Limited stock, see the HK:1949 Stock Forecast page.

More about Platt Nera International Limited

Platt Nera International Limited is a company incorporated in the Cayman Islands, operating in the financial sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing financial services and solutions.

Average Trading Volume: 1,360,278

Technical Sentiment Signal: Sell

Current Market Cap: HK$164.2M

Find detailed analytics on 1949 stock on TipRanks’ Stock Analysis page.