Jul 14, 2014
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.
The split itself did not change the total investment value.
MGB Bhd (MYX:MGB) operates in the Homebuilding industry.
MGB Bhd company overviewMGB Bhd's most recent stock split was on July 14, 2014. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
MGB Bhd (MYX:MGB) has split its stock 3 times: a 3-for-2 split on July 11, 1997, a 1-for-40 reverse split on August 20, 2003, and a 1-for-5 reverse split on July 14, 2014.
MGB Bhd has split its stock 3 times. This history records 3 splits between July 11, 1997 and July 14, 2014.
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 MGB Bhd's 1-for-5 reverse split on July 14, 2014, every 5 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.
MGB Bhd has not announced a new split in our records. Its most recent split was on July 14, 2014, 12 years ago. Companies announce splits in advance, and any new MYX:MGB split will appear on this page.
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