HONG KONG, Aug. 21, 2025 (GLOBE NEWSWIRE) -- WANG & LEE GROUP, Inc. (NASDAQ: WLGS) (âW&Lâ, or the âCompanyâ), Hong Kong-based construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems, today announced that on July 28, 2025, its board of directors approved a combination of its ordinary shares on a 250-to-one basis (the âShare Combinationâ). The Companyâs ordinary shares will begin trading on a post combination basis on September 2, 2025.
Related Questions
How will the 250âtoâ1 share combination affect WLGSâs price and liquidity on the exâcombination date?
What are the expected shortâterm technical impacts and potential trading opportunities surrounding the split?
Will the split make WLGS more attractive to retail investors or trigger inclusion in broader market indices, affecting its longâterm demand?