Hong Kong-listed casino investor Landing International Development Ltd. (LIDL) is considering capital reorganization and changes in board lot size to make the company more appealing to investors.

In a regulatory filing, LIDL announced that its board of directors is set to propose the capital reorganization comprising of a 50-to-1 share consolidation and capital reduction.

The capital reorganization will result in the reduction of the number of issued shares from 146,744,935,542 shares to 2,934,898,710 consolidated shares and the par value of each issued share will remain at HK$0.01 (US$0.00127), according to the company.

LIDL also dangled the idea to change the board lot size for trading on the Hong Kong Stock Exchange from 60,000 shares to 1,200 new consolidated shares as soon as the capital reorganization become effective.