29 Mar '14, 2am

UMS Holdings propose 1 for 4 bonus share issue

UMS Holdings propose 1 for 4 bonus share issue

The Company is considering the Proposed Bonus Share Issue to increase the issued share capital base of the Company to reflect the growth and expansion of the Group’s business, and to give due recognition to its shareholders for their continuing support for the Company at the same time. The Proposed Bonus Share Issue, if carried out, will also increase the accessibility of an investment in the Company to more investors, thereby encouraging trading liquidity and greater participation by investors and broadening the shareholder base of the Company.

Full article: http://thefinance.sg/2014/03/29/ums-holdings-propose-1-fo...

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UMS just announced yesterday that they are proposing to issue out 1 Bonus share for every 4 existing ordinary shares held ...

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