Coolpad Group Plans Capital Reorganization and Amendments to Articles of Association

MT NewswiresApr 24 06:46 ET

COOLPAD GROUP (02369.HK): Proposal for capital restructuring.

On April 23, Gelonghui reported that COOLPAD GROUP (02369.HK) announced that the Board of Directors proposed to implement a capital restructuring, which includes a share consolidation, capital reduction, and share split. The share consolidation will involve merging every 40 existing shares with a par value of HKD 0.01 into 1 share with a par value of HKD 0.4. Shortly after the share consolidation takes effect, the capital reduction will be implemented, which involves (a) cancelling HKD 0.3 of the paid-up capital for each consolidated share issued, reducing the par value of each issued consolidated share from HKD 0.4 to HKD 0.1, and (b) cancellation of shares.

Gelonghui FinanceApr 22 18:47 ET

Express News | Coolpad - Consolidation of 40 Shares of Par Value HK$0.01 Each Into 1 Share of Par Value HK$0.4 Each

ReutersApr 22 18:34 ET

COOLPAD GROUP: Annual Report 2024

HKEXApr 22 18:17 ET · Announcements

COOLPAD GROUP (02369) released its annual performance report showing a loss attributable to Shareholders of 0.252 billion Hong Kong dollars, a year-on-year increase of 14.13%. Naked-eye 3D technology leads innovation, while the overseas market and ecosyst

COOLPAD GROUP (02369) announced its annual results for the period ending December 31, 2024, with a group revenue of 0.499 billion...

Zhitong FinanceMar 28 09:54 ET

Coolpad Group Reports Increased Revenue but Larger Losses in 2024

TipRanksMar 28 09:53 ET