ARN

Luminus proposes share consolidation

Shareholders will meet on November 17 to vote on whether to proceed with the consolidation, which would be on a 100:1 ratio.

The board of Luminus Systems Limited [ASX: LSL] has proposed a share consolidation scheme, and has called a shareholder meeting to vote on the issue.

Shareholders will meet on November 17 to cast their votes. Luminus is proposing to consolidate shares on a 100:1 ratio.

Any left-over shares will be dissolved.

If the resolution passes, shares will be consolidated by December 4.

Come socialise with us! Facebook | LinkedIn

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the ARN comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Whitepapers
Latest Stories
Community Comments
rhs_login_lockGet exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
Find distributors by name | vendor | location
Channel Deals
/deals/synnex/425_lenovo-february-and-march-hot-deal-3
Synnex

Lenovo February and March Hot Deal 3

More details »
ARN Vendor Directory
Find vendors by name | category

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.