According to the announcement from SDM Education (08363) on the Zhidao Finance App, the board of directors of the company proposes to consolidate the issued and unissued existing shares in the company's share capital of 20 shares per share with a face value of 0.1 Hong Kong dollars into 1 share per share with a face value of 2.0 Hong Kong dollars.

On the date of this announcement, the existing shares are traded on the Stock Exchange of Hong Kong in units of 2000 shares of existing shares per board lot. After the share consolidation takes effect, the trading unit of 2000 shares of consolidated shares will remain unchanged for trading. Assuming the share consolidation has taken effect and based on the closing price per share of existing shares of 0.08 Hong Kong dollars (equivalent to 1.6 Hong Kong dollars per share of consolidated shares) as reported on the Stock Exchange of Hong Kong on the date of this announcement, the market cap of the trading unit of 2000 shares of consolidated shares will be 3200 Hong Kong dollars.