
SplitJun 9, 2026, 02:01 PM
Oriental Rise Holdings Announces 1-for-4 Reverse Stock Split
AI Summary
Oriental Rise Holdings Limited announced that its Board of Directors approved a reverse stock split of the company's ordinary shares at a ratio of one (1) ordinary share for every four (4) ordinary shares held. This action follows the approval by a majority of voting shareholders on May 15, 2026. Fractional shares resulting from the split will be rounded up to the next whole share, and the reverse split is expected to become market effective on June 22, 2026.
Key Highlights
- Board of Directors approved a 1-for-4 reverse stock split of ordinary shares.
- The reverse split was approved by a majority of voting shareholders on May 15, 2026.
- Fractional shares resulting from the split will be rounded up to the next whole share.
- The anticipated market effective date for the reverse split is June 22, 2026.
Price Impact
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