The latest announcement is out from Fire Rock Holdings Ltd ( (HK:1909) ).
Fire Rock Holdings Ltd announced the results of its Extraordinary General Meeting (EGM), where a resolution for a share consolidation was approved. The share consolidation involves converting every twenty issued and unissued shares into one share with a higher par value. This move, effective from March 31, 2025, is expected to streamline the company’s share structure and potentially enhance its market perception. The approval was overwhelmingly supported by shareholders, indicating strong backing for the company’s strategic direction.
More about Fire Rock Holdings Ltd
YTD Price Performance: -18.46%
Average Trading Volume: 2,115,413
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$407M
For detailed information about 1909 stock, go to TipRanks’ Stock Analysis page.