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SU Group Launches Reverse Stock Split, Share Capital Increase
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SU Group Launches Reverse Stock Split, Share Capital Increase
Aug 20, 2025 2:56 PM

05:31 PM EDT, 08/20/2025 (MT Newswires) -- SU Group ( SUGP ) will set off a 1-for-10 reverse stock split and a share capital increase starting Aug. 25, the engineering services company said Wednesday.

The company said the share consolidation, which will help it regain compliance with Nasdaq, will combine every ten ordinary shares into one with value of 0.10 Hong Kong dollars ($0.013).

The outstanding shares will reduce to around 1.4 million from 13.8 million.

It also said the board has authorized a share capital increase of HK$75 million from HK$7.5 million to have more flexibility for future issuance of shares.

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