Zhitong Financial App News, Guangjun Group Holdings (08516) issued an announcement that the share merger and change of each trading unit will take effect on December 29th, 2021.
In addition, the increase in authorized share capital has been approved at the EGM. The authorized share capital of the company will be increased to HK $20 million (divided into 200m consolidated shares of HK $0.10 each). The increase in authorized share capital will take effect on December 29, 2021 when the share consolidation takes effect.