pstrongThe consolidation merged every six shares into one, resulting in 77,064,793 consolidated shares./strong/p pNo Signboard Holdings Ltd. has completed its proposed share consolidation, effective 22 March.
In a statement, the company said the consolidation combined every six shares into one consolidated share, resulting in a total of 77,064,793 consolidated shares.
The proposed subscription shares will also be issued soon under the terms of the Implementation Agreement, following the completion of the share consolidation. The issuance will represent 75% of the company's enlarged issued and paid-up share capital on a fully diluted basis, with an issue price of approximately $0.002 per subscription share, totalling $500,000.
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