Valuetronics plans bonus issue of one share for every 10
ELECTRONICS manufacturing services provider Valuetronics said on Monday morning that it will issue a bonus share for every 10 existing shares.
The bonus issue is meant to improve the trading liquidity of its shares while marking the 10th anniversary of the company's listing and the 25th anniversary of its principal operating subsidiary Honor Tone Limited, Valuetronics said.
A special general meeting will be held to approve the issue.
Valuetronics last traded at S$0.765.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Apple set for big sales decline as investors await AI in iPhones
Microsoft, Brookfield to partner on renewable energy projects
UK house prices fall again after mortgage rates creep higher
Why the yen is so weak and what that means for Japan
UAE's top bank FAB beats Q1 profit estimates
IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director