Sep 23, 2009
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.09 to $0.88.
The split itself did not change the total investment value.
Asia Standard International Group Limited (HKEX:129) operates in the Real estate development industry.
Asia Standard International Group Limited company overviewAsia Standard International Group Limited's most recent stock split was on September 23, 2009. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Asia Standard International Group Limited (HKEX:129) has split its stock 8 times: a 33-for-26 split on May 21, 1992, a 1-for-4 reverse split on August 15, 1992, a 5-for-4 split on August 6, 1997, a 5-for-3 split on September 20, 2000, a 199-for-193 split on October 12, 2006, a 97-for-95 split on August 20, 2008, a 73-for-72 split on January 12, 2009, and a 1-for-10 reverse split on September 23, 2009.
Asia Standard International Group Limited has split its stock 8 times. This history records 8 splits between May 21, 1992 and September 23, 2009.
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 Standard International Group Limited's 1-for-10 reverse split on September 23, 2009, every 10 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 Standard International Group Limited has not announced a new split in our records. Its most recent split was on September 23, 2009, 17 years ago. Companies announce splits in advance, and any new HKEX:129 split will appear on this page.
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