Graphjet board of directors determines effective date for share consolidation

New york, united states, aug. 15, 2025 (globe newswire) --   graphjet technology (nadsaq: gti) (the “company”) today announced that its board of directors (the “board”) has determined the effective date for the previously approved share consolidation of the company's ordinary shares at a ratio of 1-for-60  and to reduce the par value of the company's ordinary shares from $0.0001 per share to $0.006 per share (the “share consolidation”). the share consolidation will become effective as of 12:01 a.m.
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