Brief: China Baoli Technologies Proposes To Implement Reduction Of Issued Share Capital

China Baoli Technologies Holdings

28/04/2023 15:57

April 28 (Reuters) - China Baoli Technologies Holdings
Ltd  0164.HK :
    * PROPOSES TO IMPLEMENT REDUCTION OF ISSUED SHARE CAPITAL
    * REDUCTION OF SHARE CAPITAL BY ELIMINATING ANY FRACTION OF
CONSOLIDATED SHARE IN ISSUED SHARE CAPITAL FROM SHARE
CONSOLIDATION
    * CAPITAL REORGANISATION IS EXPECTED TO BECOME EFFECTIVE ON
20
JUNE
    * REDUCTION OF SHARE CAPITAL BY CANCELLATION OF PAID UP
CAPITAL O
TO EXTENT OF HK$0.09 ON EACH OF ISSUED CONSOLIDATED SHARES
    * PROPOSES TO IMPLEMENT TRANSFER OF CREDIT ARISING FROM
CAPITAL
REDUCTION TO CONTRIBUTED SURPLUS ACCOUNT
    * CONSOLIDATION OF EVERY 10 ISSUED & UNISSUED SHARES OF PAR
VALUE
HK$0.01 EACH INTO 1 SHARE OF PAR VALUE HK$0.10 EACH
    * PROPOSES TO IMPLEMENT SUBDIVISION OF EVERY UNISSUED
CONSOLIDATED
SHARE OF HK$0.10 EACH INTO TEN NEW SHARES OF HK$0.01 EACH


Further company coverage:  0164.HK 

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