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Singapore O&G proposes 2-for-1 share split
SINGAPORE O&G Ltd, which offers obstetrics and gynaecology services, on Monday proposed a 2-for-1 share split to increase market liquidity, and broaden the base of shareholders. This means every one share will be split into two.
With the share split, the company will have a share capital of S$29.6 million, comprising 477 million shares.
Shares of Singapore O&G have risen more than 60 per cent in the last one year, data from S&P Capital IQ showed. The stock closed at S$1.275 on Friday.