KPJ Healthcare proposes share split

 Publish date: Thu, 20 Apr 2017, 03:14 AM

KUALA LUMPUR: KPJ Healthcare Bhd is dividing its shares to boost trading liquidity.

The company has proposed to split every one existing share into four subdivided shares.

In a filing with Bursa Malaysia today, KPJ Healthcare said its share capital as at April 18 was 1.06 billion shares.

The share split will enlarge its share capital to at least 4.26 billion shares, it added.

Assuming full exercise of the outstanding warrants and employees' share option scheme, the enlarged number of issued shares will then swell to 4.76 billion shares.

KPJ Healthcare said the exercise will result in adjustment to its market price.

"The group's subdivided shares will be more affordable, and potentially more appealing to a wider group of public shareholders," it added.

It expects to complete the share split by the third quarter this year, after obtaining shareholders' approvals.

Share this

  Be the first to like this.


411  316  540  585 

Top 10 Active Counters
 TRIVE-WB 0.06+0.01 
 HUBLINE 0.19+0.025 
 TRIVE 0.245+0.045 
 KGROUP 0.165+0.005 
 HIBISCS 0.70-0.01 
 M3TECH 0.15-0.005 
 MAXWELL 0.025+0.005 
 PALETTE 0.415+0.03 
 COMCORP 0.915+0.20 
 KEYASIC 0.29+0.015 


1. GPACKET - Who stand to benefit from 2017 Budget!!! Follow Kim's Stockwatch!
2. 2017年的股票组合 koko888
3. StockAlliance - Big Profits Need HUGE PATIENCE. StockAlliance Smells Of Money
4. [转贴] “87股灾”30周年魔咒? 港股急杀逾600点! Good Articles to Share
5. Mplus Market Pulse - 20 Oct 2017 M+ Online Research Articles
Partners & Brokers