Hatcher Group Slashes Share Par Value and Subdivides Shares

Reuters11-14
Hatcher Group Slashes Share Par Value and Subdivides Shares

Hatcher Group Ltd. has announced a capital reorganisation involving a reduction of the par value of each issued share from HK$0.25 to HK$0.01, following approval at an extraordinary general meeting and confirmation by the Grand Court of the Cayman Islands. Additionally, each authorised but unissued share of HK$0.25 will be subdivided into 25 new shares of HK$0.01 each.

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