Aug 31, 2021
598:513
For every 513 shares held, investors received 598. The price per share adjusted from $5.98 to $5.13.
The split itself did not change the total investment value.
Lai Sun Development Co. Ltd. (HKEX:488) operates in the Real estate development industry.
Lai Sun Development Co. Ltd. company overviewLai Sun Development Co. Ltd.'s most recent stock split was on August 31, 2021. It was a 598-for-513 forward split, so shareholders received 598 shares for every 513 they held.
Lai Sun Development Co. Ltd. (HKEX:488) has split its stock 7 times: a 1-for-5 reverse split on September 6, 1996, a 97-for-96 split on July 2, 1998, a 49-for-37 split on January 4, 1999, a 865-for-803 split on November 18, 2011, a 315-for-302 split on January 12, 2016, a 1-for-50 reverse split on August 29, 2017, and a 598-for-513 split on August 31, 2021.
Lai Sun Development Co. Ltd. has split its stock 7 times. This history records 7 splits between September 6, 1996 and August 31, 2021.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Lai Sun Development Co. Ltd.'s 598-for-513 split on August 31, 2021, every 513 shares became 598 shares.
Lai Sun Development Co. Ltd. has not announced a new split in our records. Its most recent split was on August 31, 2021, 5 years ago. Companies announce splits in advance, and any new HKEX:488 split will appear on this page.
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