SG Group (HKG:1657) plans to change its English name to Sefon Holdings, subject to shareholder approval.
The company also proposed subdividing each existing share with a par value of HK$0.01 into 10 shares with a par value of HK$0.001 each, according to a Hong Kong bourse filing on Tuesday.
Shares of the apparel design company fell nearly 5% in recent trade.