Mingteng International Shareholders Approve Share Consolidation

Reuters12-18
Mingteng International Shareholders Approve Share Consolidation

Mingteng International Corporation Inc. has approved a share consolidation, allowing the company to consolidate its Class A and Class B ordinary shares at a ratio ranging from 2-for-1 up to 4,000-for-1, with the exact ratio and effective date to be determined by the Board within two years. The move was approved by shareholders at an extraordinary general meeting, along with related amendments to the company's memorandum and articles of association.

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