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Subject Share Consolidation
Type    Consolidation
Description CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 4 DECEMBER 2017 ("ENTITLEMENT DATE") INTO 1 PDZ SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Amount  4 : 1

What is Share Consolidation?

If a share price is $2, I buy it with $5000.

$5000/$2 = 2500units

Share consolidation will make the share units above decrease?

2500units /4 = 625units

Dheer
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e12345678
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1 Answers1

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It is a Reverse Stock Split; the count will be reduced, and the price will go up accordingly.

It is like changing four 5$-bills into on one 20$-bill - now you have only one bill instead of four, but it is worth four times as much.

Nothing to worry about, this is a purely cosmetic change.

Aganju
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