Premium Catering (Holdings) Limited Implements Reverse Stock Split
Premium Catering (Holdings) Limited announced a share consolidation of 1 for 2 to 1 for 18 at an EGM. A Reverse Stock Split of 1:9 will be implemented for all shareholders on July 21, 2025. The company’s Ordinary Shares will trade on a Reverse Stock Split basis on the Nasdaq Capital Market under the ticket symbol “PC” starting July 22, 2025. The Board of Directors initiated the Reverse Stock Split to comply with Nasdaq Listing Rule 5550(a)(2) and maintain a minimum bid price of $1.00. Premium Catering specializes in Indian, Bangladesh, and Chinese cuisine, providing budget prepared meals and catering services in Singapore for over 11 years.
Read more at GlobeNewswire: PREMIUM CATERING (HOLDINGS) LIMITED ANNOUNCES RESULTS OF
