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Pacific Legend Group proposes 1-for-20 share consolidation for shareholder vote
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Pacific Legend Group proposes 1-for-20 share consolidation for shareholder vote
  • Shareholders vote at an EGM on Nov. 24, 2026 on a proposed 20-for-1 share consolidation.
  • Plan would consolidate every 20 existing shares into 1 consolidated share, lifting par value to HK$2 from HK$0.1.
  • Effective date targeted for Nov. 26, 2026, subject to shareholder approval, GEM listing clearance, and Cayman Islands compliance steps.
  • Board backs the consolidation to address trading below HK$0.1 and a board-lot value under HK$1,000.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Legend Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260901-12314175), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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