Alchemia Ltd. said it completed a 1-for-20 consolidation of its ordinary shares.
The total number of Alchemia ordinary shares on issue was reduced to 16,234,845 shares from 324,723,621 shares before consolidation.
The Australia-based company resolved fractional shares as a result of the consolidation by rounding the fraction down to the nearest whole number of shares.
The consolidation will take effect from Sept. 27.
