Rights International (00381) plans to combine shares on a “2 merge 1” basis

According to Zhitong Finance App News, Equity International (00381) issued an announcement. The board of directors proposed a share consolidation on the basis of merging the issued and unissued existing shares with a face value of HK$0.1 per share in each of the two (2) shares of the company's share capital into one (1) consolidated share with a face value of HK$0.2 per share.

As of the date of this announcement, the issued shares were traded on the Stock Exchange with each trading order of 20,000 existing shares. The board of directors recommended changing the trading unit for each lot traded on the Stock Exchange from 20,000 existing shares to 10,000 consolidated shares, but only after the share consolidation takes effect.