XH News Media Shareholders Endorse 40-for-1 Share Consolidation, Trading in Consolidated Shares Starts 24 June 2026

Bulletin Express

Jun 22

Hong Kong-listed XH News Media (the Company) secured shareholder approval for a 40-for-1 share consolidation at its extraordinary general meeting (EGM) on 22 June 2026. The ordinary resolution was carried by poll with 66.92% of the 1.25 billion votes cast in favour (837.30 million votes) and 33.08% (413.90 million votes) against.

A total of 2.08 billion shares were eligible to vote, with no shares subject to voting restrictions or compulsory abstention under the Listing Rules. Tricor Investor Services Limited served as the scrutineer.

Key Implementation Dates • Effective date of Share Consolidation: Wednesday, 24 June 2026 • Commencement of trading in consolidated shares: 9:00 a.m., 24 June 2026 • Last day for trading/settlement using existing blue certificates: 4:10 p.m., Friday, 31 July 2026 • New share certificates for consolidated shares will be grey.

Under the approved plan, every forty issued and unissued ordinary shares will be combined into one consolidated share. The board is authorised to carry out all necessary actions to implement the consolidation. Shareholders can refer to the 26 May 2026 circular for details on trading arrangements, board lot size changes, certificate exchange procedures and odd-lot matching services.

Eight directors attended the EGM in person or via electronic means, while two directors were absent due to other business commitments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Easy breezy. No more feesies.","description":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","keywords":"Tiger Brokers,U.S. stock trading,Hong Kong stock trading,trading U.S. stocks,stock information,stock prices,U.S. stock quotes,U.S. stock trading,Hong Kong stock trading,IPO trading,buying U.S. stocks,global investment","social":{"ogDescription":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.thetigerbrokers.com/news/1108010592"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"NZL","license":"TBKIWI","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1108010592\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1108010592?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-22 19:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1108010592","market":"us","top_or_hot":-1,"title":"XH News Media Shareholders Endorse 40-for-1 Share Consolidation, Trading in Consolidated Shares Starts 24 June 2026","media":"Bulletin Express","content":"<p>Hong Kong-listed XH News Media (the Company) secured shareholder approval for a 40-for-1 share consolidation at its extraordinary general meeting (EGM) on 22 June 2026. The ordinary resolution was carried by poll with 66.92% of the 1.25 billion votes cast in favour (837.30 million votes) and 33.08% (413.90 million votes) against.</p>\n<p>A total of 2.08 billion shares were eligible to vote, with no shares subject to voting restrictions or compulsory abstention under the Listing Rules. Tricor Investor Services Limited served as the scrutineer.</p>\n<p>Key Implementation Dates  \n• Effective date of Share Consolidation: Wednesday, 24 June 2026  \n• Commencement of trading in consolidated shares: 9:00 a.m., 24 June 2026  \n• Last day for trading/settlement using existing blue certificates: 4:10 p.m., Friday, 31 July 2026  \n• New share certificates for consolidated shares will be grey.</p>\n<p>Under the approved plan, every forty issued and unissued ordinary shares will be combined into one consolidated share. The board is authorised to carry out all necessary actions to implement the consolidation. Shareholders can refer to the 26 May 2026 circular for details on trading arrangements, board lot size changes, certificate exchange procedures and odd-lot matching services.</p>\n<p>Eight directors attended the EGM in person or via electronic means, while two directors were absent due to other business commitments.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XH News Media Shareholders Endorse 40-for-1 Share Consolidation, Trading in Consolidated Shares Starts 24 June 2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXH News Media Shareholders Endorse 40-for-1 Share Consolidation, Trading in Consolidated Shares Starts 24 June 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-06-22 19:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong-listed XH News Media (the Company) secured shareholder approval for a 40-for-1 share consolidation at its extraordinary general meeting (EGM) on 22 June 2026. The ordinary resolution was carried by poll with 66.92% of the 1.25 billion votes cast in favour (837.30 million votes) and 33.08% (413.90 million votes) against.</p>\n<p>A total of 2.08 billion shares were eligible to vote, with no shares subject to voting restrictions or compulsory abstention under the Listing Rules. Tricor Investor Services Limited served as the scrutineer.</p>\n<p>Key Implementation Dates  \n• Effective date of Share Consolidation: Wednesday, 24 June 2026  \n• Commencement of trading in consolidated shares: 9:00 a.m., 24 June 2026  \n• Last day for trading/settlement using existing blue certificates: 4:10 p.m., Friday, 31 July 2026  \n• New share certificates for consolidated shares will be grey.</p>\n<p>Under the approved plan, every forty issued and unissued ordinary shares will be combined into one consolidated share. The board is authorised to carry out all necessary actions to implement the consolidation. Shareholders can refer to the 26 May 2026 circular for details on trading arrangements, board lot size changes, certificate exchange procedures and odd-lot matching services.</p>\n<p>Eight directors attended the EGM in person or via electronic means, while two directors were absent due to other business commitments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00309","symbol_name":"新华通讯频媒","start_time":0,"source_url":"","article_id":"1108010592","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1108010592","pubTimestamp":1782127501,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Hong Kong-listed XH News Media (the Company) secured shareholder approval for a 40-for-1 share consolidation at its extraordinary general meeting (EGM) on 22 June 2026. The ordinary resolution was...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00309":"新华通讯频媒"},"translate_title":"XH News Media股东批准40比1的股份合并，合并股份于2026年6月24日开始交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00309":1},"content_text":"Hong Kong-listed XH News Media (the Company) secured shareholder approval for a 40-for-1 share consolidation at its extraordinary general meeting (EGM) on 22 June 2026. The ordinary resolution was carried by poll with 66.92% of the 1.25 billion votes cast in favour (837.30 million votes) and 33.08% (413.90 million votes) against.\nA total of 2.08 billion shares were eligible to vote, with no shares subject to voting restrictions or compulsory abstention under the Listing Rules. Tricor Investor Services Limited served as the scrutineer.\nKey Implementation Dates  \n• Effective date of Share Consolidation: Wednesday, 24 June 2026  \n• Commencement of trading in consolidated shares: 9:00 a.m., 24 June 2026  \n• Last day for trading/settlement using existing blue certificates: 4:10 p.m., Friday, 31 July 2026  \n• New share certificates for consolidated shares will be grey.\nUnder the approved plan, every forty issued and unissued ordinary shares will be combined into one consolidated share. The board is authorised to carry out all necessary actions to implement the consolidation. Shareholders can refer to the 26 May 2026 circular for details on trading arrangements, board lot size changes, certificate exchange procedures and odd-lot matching services.\nEight directors attended the EGM in person or via electronic means, while two directors were absent due to other business commitments.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}