HONG KONG, March 19 Tencent Holdings Ltd
has proposed a 1 into 5 share split in order to
facilitate share ownership of small investors, the company said
at a press briefing in Hong Kong on Wednesday.
The split would be effective from May 15, pending approval
by current shareholders at Tencent's annual general meeting.
"We hope to lower the investment threshold for investors,"
said Martin Lau, Tencent's president, at the press briefing.
(Reporting by Yimou Lee in HONG KONG; Writing by Paul Carsten
in BEIJING; Editing by Himani Sarkar)