Dragon Rise (HKG:6829) shareholders will meet in Hong Kong on Nov. 12 to vote on a proposed 10-for-1 share consolidation scheme, according to a Friday filing with the Hong Kong Exchange.
Under the scheme, its 1,440,000,000 existing shares at HK$0.01 each will be consolidated into 144,000,000 shares at HK$0.10 each.
Shares closed 2% during Monday's trading.
Price (HKD): $0.05, Change: $-0.0010, Percent Change: -2.08%
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