Sep 19, 2002
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Fairwood Holdings Limited (HKEX:52) operates in the Restaurants industry.
Fairwood Holdings Limited company overviewFairwood Holdings Limited's most recent stock split was on September 19, 2002. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Fairwood Holdings Limited (HKEX:52) has split its stock 2 times: a 17-for-16 split on September 23, 1996 and a 1-for-10 reverse split on September 19, 2002.
Fairwood Holdings Limited has split its stock 2 times. This history records 2 splits between September 23, 1996 and September 19, 2002.
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 Fairwood Holdings Limited's 1-for-10 reverse split on September 19, 2002, 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.
Fairwood Holdings Limited has not announced a new split in our records. Its most recent split was on September 19, 2002, 24 years ago. Companies announce splits in advance, and any new HKEX:52 split will appear on this page.
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