Noah holdings limited announces proposed share subdivision, change in board lot size and record date for the egm

Shanghai , aug. 28, 2023 /prnewswire/ -- noah holdings limited (the "company" or "noah") (nyse: noah and hkex: 6686), a leading and pioneer wealth management service provider in china offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors, today announced that the company's board of directors (the "board") proposes that each issued and unissued ordinary share of the company with a par value of us$0.0005 each (the "shares") be subdivided into 10 ordinary shares with a par value of us$0.00005 each (the "subdivided shares") (such proposed subdivision, the "share subdivision"). the share subdivision is conditional on, among other things, the approval of the company's shareholders at the extraordinary general meeting to be held on or around october 26, 2023 (the "egm").
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