China Gold International Resources Corp. Ltd. (03939) plans to implement a "1 for 4" stock split.
Zhijing Finance APP news, Zhaojin Group (03939) announced that the board of directors proposes to split the existing and unissued shares with a face value of 0.1 Hong Kong dollar per share into 4 shares with a face value of 0.025 Hong Kong dollar per share. After the share split takes effect, the company's authorized capital will be 1 billion Hong Kong dollars, divided into 400 billion shares of split shares, of which 4.425 billion shares of split shares will be issued and fully paid or accounted for as fully paid (assuming no further issuance or repurchase of shares after the date of this announcement and before the share split takes effect).
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