Jayms VII's comment on RENEUCO. All Comments
Jayms VII
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splitting proposal coming
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4 years · translate ·
Allan Cheah
What is share split? Can you help explain?
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Jayms VII
depend on the ratio. now still at proposal phase. unit and price will split based on the ratio
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Jayms VII
if 2:1, means 1000 unit u holding will become 2000 unit. price also split.
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Allan Cheah
Thanks for your explanation
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Hung Meei Fang
Isn't bonus issued?
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Jayms VII
KUMPULAN POWERNET BERHAD ("KPOWER" OR THE "COMPANY") - PROPOSED PRIVATE PLACEMENT; - PROPOSED SHARE SPLIT; AND - PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
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Hung Meei Fang
Isn't a good news for investors?
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Jayms VII
for good FA stock, its good. try refer other stock that do splitting before.. eg pentamaster
1 Like · 4 years · translate
Jerry Lee
slightly different, penta is bonus issue, but in the end still same outcome
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Investopedia
Fyi, company already proposed share split long time ago, so it did not have any effect for 2day share price.
1 Like · 4 years · translate
Kerby Tong
intend for share split on 2 Dec
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Jayms VII
if on dec, its good decision. kpower will push hard for next qr result to get shareholder confidence. more room for price to goes up
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