FilingReader Intelligence

Sinolink Worldwide proposes share consolidation and board lot size change

May 2, 2025 at 05:03 PM UTCBy FilingReader AI

** Sinolink Worldwide Holdings (HKEX:1168) is proposing a share consolidation, where every twenty existing shares will become one consolidated share, and a change in the board lot size. Shareholders will vote on the proposals at a special general meeting (SGM) scheduled for May 23, 2025. If approved, the share consolidation is expected to take effect on May 27, 2025. The company aims to increase the market value per board lot and reduce transaction costs, potentially attracting a broader range of investors. Concurrently, the board lot size will be reduced from 2,000 existing shares to 1,000 consolidated shares to lower the threshold for investment and enhance liquidity.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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