Jul 30, 2018
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.28 to $0.56.
The split itself did not change the total investment value.
Asia Commercial Holdings Limited (HKEX:104) operates in the Specialty stores industry.
Asia Commercial Holdings Limited company overviewAsia Commercial Holdings Limited's most recent stock split was on July 30, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Asia Commercial Holdings Limited (HKEX:104) has split its stock 8 times: a 5-for-4 split on July 26, 1988, a 5-for-4 split on August 16, 1990, a 1-for-50 reverse split on February 20, 1997, a 135-for-91 split on August 20, 2007, a 5-for-1 split on November 15, 2010, a 1-for-10 reverse split on January 8, 2013, a 44-for-15 split on January 22, 2013, and a 1-for-2 reverse split on July 30, 2018.
Asia Commercial Holdings Limited has split its stock 8 times. This history records 8 splits between July 26, 1988 and July 30, 2018.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Asia Commercial Holdings Limited's 1-for-2 reverse split on July 30, 2018, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Asia Commercial Holdings Limited has not announced a new split in our records. Its most recent split was on July 30, 2018, 8 years ago. Companies announce splits in advance, and any new HKEX:104 split will appear on this page.
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