BJ SPORTS & ENT Proposes 10-for-1 Share Consolidation and Adjusts Board Lot Size

Stock News

Jul 17

BJ SPORTS & ENT (01803) has announced a proposal from its board of directors to implement a share consolidation.

The plan involves consolidating every ten issued and unissued existing shares, each with a par value of HK$0.005, into one consolidated share with a par value of HK$0.05.

Currently, the existing shares are traded on the Stock Exchange in board lots of 2,500 shares.

Following the effectiveness of the share consolidation, the board proposes to change the board lot size for trading on the Exchange to 5,000 consolidated shares.

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