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速美建筑将于2024年12月10日除权除息,10股合为1股

Soilbuild Const To Carry Out 1-for-10 Reverse Stock Split On December 10th, 2024

Futu News ·  Dec 4 05:20

December 4th (Singapore Time) - $Soilbuild Const (S7P.SG)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from December 10th, 2024.

$Soilbuild Const (S7P.SG)$ rose 8.33% and closed at SGD$0.078 on December 3rd with a turnover of SGD$164.15K.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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