401 HOLDINGS<00401> - Share Consolidation
Market participants are requested to note that the ordinary
shares of HK$0.01 each ("Old Shares") in the capital of 401 Holdings
Limited will be consolidated into ordinary shares of HK$0.1 (after capital
reduction) each("New Shares") on the basis of 50 into 1 subject to its
shareholders' approval at the Special General Meeting to be held today
(27/11/2002). Upon the proposals becoming effective, a temporary counter
under stock code 2993 and stock short name "401 HOLDINGS" will be
established for trading in board lots of 400 New Shares each to replace
the present counter (stock code: 401) for trading in board lots of 20,000
Old Shares each effective from Thursday, 28/11/2002.
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