AOM INT'L (00381) has announced a board recommendation to consolidate the company's issued and unissued existing shares, each with a nominal value of HK$0.10, into one consolidated share with a nominal value of HK$0.20, based on a ratio of every two existing shares being merged into one.
As of the date of this announcement, the existing shares are being traded on the Stock Exchange in board lots of 20,000 shares per lot. The board has proposed to change the trading unit from 20,000 existing shares to 10,000 consolidated shares, subject to the share consolidation becoming effective.
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