BRIEF-China National Culture Proposes To Change Board Lot Size Of Shares For Trading

Reuters

2024/10/02

Oct 2 (Reuters) - China National Culture Group Ltd

* PROPOSES TO CHANGE BOARD LOT SIZE OF SHARES FOR TRADING FROM 10,000 EXISTING SHARES TO 20,000 ADJUSTED SHARES

* PAR VALUE OF EACH ISSUED EXISTING SHARE WILL BE REDUCED FROM HK$0.40 TO HK$0.01 UNDER CAPITAL REDUCTION

* PROPOSES RIGHTS ISSUE ON BASIS OF 2 RIGHTS SHARES FOR EVERY 1 ADJUSTED SHAR AT HK$0.10 PER RIGHTS SHARE

* RIGHTS ISSUE TO RAISE UP TO HK$15.6 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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