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8160 Goldway Education News Story

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Brief: Goldway Education Proposes Share Consolidation

April 30 (Reuters) - Goldway Education Group Ltd
 8160.HK :
    * PROPOSED SHARE CONSOLIDATION
    * CONSOLIDATION ON BASIS THAT EVERY 5 SHARES OF HK$0.0001
EACH
CONSOLIDATED INTO 1 SHARE OF HK$0.0005 EACH
    * PROPOSES TO IMPLEMENT RIGHTS ISSUE ON BASIS OF 3 RIGHTS
SHARE
FOR EVERY 1 CONSOLIDATED SHARE
    * RIGHTS ISSUE AT HK$0.145 PER RIGHTS SHARE


Further company coverage:  8160.HK 

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

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