KUALA LUMPUR (Jan 4): Focus Dynamics Group Bhd has proposed to split each of its shares into three shares in a move to improve the trading liquidity of the shares.
The share split will take place based on an entitlement date to be determined later, and is expected to be completed by the first quarter of this year, the group in a filing with Bursa Malaysia.
“The adjustment in the market price of the shares as a result of the proposed share split is expected to result in the split shares being more affordable, in order to appeal to a wider group of public shareholders and investors,” the group said.
Notwithstanding this, Focus Dynamics said the share split is not expected to alter the total value of the split shares.
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Posted by speculative > 2021-02-03 12:23 | Report Abuse
Whose collect wd.. very huge collec, any good news