JINTAI ENERGY H (02728) plans to implement a stock consolidation based on a "20 to 1" ratio.
Golden Energy Group Holdings Limited (02728) announced that the board of directors has proposed to consolidate every 20 shares of the existing issued and unissued shares, each with a par value of HK$0.00125, into 1 share with a par value of HK$0.025 to be implemented as a share consolidation.
JINTAI ENERGY H(02728) announced that the board of directors has recommended a share consolidation, whereby every 20 existing and unissued shares with a par value of HK$0.00125 each will be consolidated into 1 share with a par value of HK$0.025.
Furthermore, the board also proposed that following the share consolidation, the trading unit on the Stock Exchange of Hong Kong will be changed from 4,000 existing shares to 5,000 consolidated shares.
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