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00736 CHINA PPT INV
RTNominal up0.095 +0.008 (+9.195%)
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26/11/2019 15:46

China PPT Inv (00736) to consolidate shares on 40-to-1 basis

[ET Net News Agency, 26 November 2019] China Properties Investment Holdings Limited
(00736) said the company proposes to implement a share consolidation by consolidating
every forty issued and unissued shares of par value of HK$0.01 each in the existing share
capital of the company into one consolidated share of par value of HK$0.40 each.
The company believes that the adjusted share price of the company upon completion of the
share consolidation will enhance its corporate image and make investing in the
consolidated shares more attractive to a broader range of institutional and professional
investors to support its on-going and long term financing activities and business
development. (RC)

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