Symphony decreases issued share capital

Symphony Holdings Limited (1223) announced that there will be a reduction in the nominal value of the issued and unissued shares of the company from $0.1 each to $0.04 each, a consolidation of every 25 shares of $0.04 each created by the capital reduction into one share of $1. Out of every issued share of nominal value of $0.1 each, $0.06 will be reduced and returned to the shareholders. The issued share capital of the company will then be reduced to approximately $205 million. The company has resumed share trading this morning.

Related stock : (1223)