Lianhe Sowell International (LHSW) said Wednesday it will implement a 1-for-16 share consolidation of the company's ordinary shares, beginning with the opening of trading on June 22.
The share consolidation will reduce the company's class A and class B shares to about 3.3 million and 187,500 shares, respectively, from 52 million and 3 million shares, previously.
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