China Construction Fortis (00138) plans to implement a share capital restructuring and change the trading unit of each lot

Zhitong Finance App News, China Construction Futong (00138) issued an announcement. The board of directors proposed a share capital restructuring involving share consolidation and share capital reduction. The details are as follows: Merge the issued and unissued existing shares with a face value of HK$0.10 for every 10 shares in the company's share capital into a consolidated share with a face value of HK$1.00 per share in the company's share capital. Immediately after the share merger comes into effect, the company's issued share capital will be reduced by cancelling the company's fully paid up share capital (limited to HK$0.90 per share of consolidated shares issued at the time), resulting in a reduction of the face value of each issued consolidated share from HK$1.00 to HK$0.10. On the date of this announcement, shares were traded on the Stock Exchange on the basis of 2,000 existing shares of each trading unit. The board of directors recommended changing each trading unit traded on the Stock Exchange from 2,000 existing shares to 5,000 adjusted shares, subject to the effective implementation of the share capital restructuring.