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【Brightstar Technology Group (08446.HK): Proposes 20-for-1 Share Consolidation; Effective Date Expected July 31】Brightstar Technology Group proposes a 20-for-1 share consolidation to maintain its authorized share capital at HK$30 million while reducing issued shares from 1.125 billion to approximately 56.3 million, with the board lot remaining at 2,000 shares. The move aims to address the share price trading below HK$0.15 and comply with GEM listing requirements, subject to shareholder and Stock Exchange approval, with an expected effective date of July 31, 2026.
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Brightstar08446.HK
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【China Power (02380.HK): Signs Desulfurization Project Contract Worth About RMB 220 Million, Constitutes Connected Transaction】NewTimeSpace News: On July 2, China Power announced that Yuanda Engineering and Yuanda Water Affairs, subsidiaries of the company forming a consortium, entered into an EPC general contracting contract for the desulfurization system construction of Liutang Project with Shandong Institute, a connected person. The total consideration of the transaction is RMB 219.9 million (approximately HK$253 million).
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CHINA POWER02380.HK
17:19
【FriendTimes (06820.HK): Controlling Shareholder Purchases 1.23 Million Shares, Stake Rises to 57.43%】NewTimeSpace News: On July 2, FriendTimes announced that Jiang Xiaohuang, the Company’s controlling shareholder and Chairman of the Board, acquired 1.23 million shares of the Company through his shareholding vehicle on June 30, representing 0.06% of the total issued share capital.
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FRIENDTIMES06820.HK