CMON (1792) Announces Increase in Authorised Share Capital, Share Consolidation, and Board Lot Size Change

Bulletin Express11-14

CMON Limited (Stock Code: 1792) has released details of a proposed increase in authorised share capital, accompanied by a share consolidation and a change to the board lot size. According to the announcement, the authorised share capital may be raised from HK$380,000 (divided into 7,600,000,000 existing shares of HK$0.00005 each) to HK$1,750,000 (divided into 35,000,000,000 existing shares of HK$0.00005 each). The move aims to provide greater flexibility for future fundraising.

Subject to approvals, every 35 existing shares will be consolidated into one consolidated share (par value HK$0.00175). If the consolidation proceeds, the authorised share capital will become HK$1,750,000 divided into 1,000,000,000 consolidated shares, while the issued share capital is expected to become 51,600,000 consolidated shares. The announcement also outlines a proposal to alter the board lot size from 70,000 existing shares to 2,000 consolidated shares per lot.

An Extraordinary General Meeting is scheduled for 9 December 2025 to seek shareholder approval. Should the relevant resolutions be passed, the effective date of both the increased authorised share capital and the share consolidation is expected to be 11 December 2025, with the board lot size change becoming effective on 29 December 2025. Shareholders are advised to exercise caution when dealing in the company’s securities and consult professional advisers if in doubt.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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