China liberal education holdings limited announces share consolidation

Beijing , dec. 20, 2024 /prnewswire/ -- china liberal education holdings limited (nasdaq: cleu) ("china liberal" or the "company"), a china-based company that provides technological consulting services for smart campus solutions and other educational services, today announced that the company plans to effect a share consolidation of fifteen (15) ordinary shares with par value of $0.015 per share each in the company's issued and unissued share capital into one (1) ordinary share with par value of us$0.225 (the "share consolidation"). as a result of the share consolidation, each fifteen (15) pre-consolidation ordinary shares outstanding will automatically combine and convert into one issued and outstanding ordinary share without any action on the part of the shareholders.
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