Principal Subsidiary Share Split

Summary by AI BETAClose X

ICFG Limited announced that its 81.92% owned subsidiary, InvesCore NBFI JSC, has received approval from the Financial Regulatory Commission of Mongolia for a ten-for-one ordinary share split. This subdivision, previously approved by InvesCore shareholders, will increase the number of InvesCore shares by a factor of ten but will not alter existing proportionate ownership interests, meaning ICFG's stake in InvesCore remains unchanged. The share split is specific to InvesCore's shares on the Mongolian Stock Exchange and will not impact trading of ICFG's shares on the London Stock Exchange.

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