E&P GLOBAL (01142) Proposes Share Consolidation on a 10-for-1 Basis

Stock News10-13

E&P GLOBAL (01142) announced that the board has proposed a share consolidation on the basis that every 10 issued and unissued existing shares of HK$0.01 each in the company's share capital be consolidated into 1 consolidated share of HK$0.10 each.

The proposal is subject to and conditional upon the share consolidation becoming effective, following which the board lot size for trading on the Stock Exchange will be changed from 2,000 existing shares to 10,000 consolidated shares.

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