The latest announcement is out from Ta Yang Group Holdings Limited ( (HK:1991) ).
Ta Yang Group Holdings Limited has announced a proposed share consolidation and change in board lot size. The company plans to consolidate every ten existing shares into one consolidated share, increasing the par value from HK$0.1 to HK$1.0, subject to shareholder approval. This move aims to streamline the company’s share structure and potentially enhance trading efficiency. The change in board lot size will see the trading lot increase from 2,000 existing shares to 10,000 consolidated shares, reflecting the consolidation’s impact on share value.
More about Ta Yang Group Holdings Limited
YTD Price Performance: -40.0%
Average Trading Volume: 126,904
Technical Sentiment Signal: Buy
Current Market Cap: HK$101.1M
See more data about 1991 stock on TipRanks’ Stock Analysis page.