InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,306.04
(
0.02%
)
US TECH 100
18,281.20
(
-0.58%
)
Dow Jones
38,852.86
(
-0.55%
)
Brent Oil
84.55
(
0.26%
)
Bitcoin
67,844.65
(
-0.65%
)
Post# of 1606
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

dskarpus

Send PM Follow Ignore
Followers 1
Posts 150
Boards Moderated 0
Alias Born 02/08/2011

dskarpus

Re: None

Saturday, 06/30/2012 1:12:22 PM

Saturday, June 30, 2012 1:12:22 PM

Post# of 1606
In a word...

ReasonsforCapitalReorganisation PursuanttoRule13.64oftheListingRules,wherethemarketpriceofthesecurities oftheissuerapproachestheextremitiesofHK$0.01orHK$9,995.00,theStock Exchangereservestherighttorequiretheissuereithertochangethetradingmethod ortoproceedwithaconsolidationorsplittingitssecurities.Inviewoftherecent tradingpriceoftheShares,theBoardproposestoeffecttheShareConsolidationin ordertocomplywiththetradingrequirementsoftheListingRules.TheCapital ReductionwillenabletheCompanytoapplythecreditarisingfromtheCapital Reductiontoeliminateitsaccumulateddeficitwiththebalance(ifany)tobe transferredtoadistributablereserveaccountoftheCompanytobeappliedinsuch mannerastheDirectorsconsiderappropriateandinaccordancewiththearticlesof associationoftheCompanyandallapplicablelaws
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Green Leaf Innovations, Inc. Engages Olayinka Oyebola & Co for Two-Year Audit • GRLF • May 28, 2024 8:30 AM

HealthLynked Introduces AI-Powered Chat Function to Enhance Healthcare Accessibility • HLYK • May 28, 2024 8:00 AM

Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM

Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM

"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM

North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM

Start posting your company's news
Only $200 per official company press release!