Nam Cheong Limited
SSGX:1MZLatest Stock Split
Mar 07, 2024
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Mar 07, 2024Before—Split ratio1:100After—Reverse
- Aug 30, 2018Before—Split ratio38:33After—Forward
- Apr 29, 2011Before—Split ratio1:50After—Reverse
About Nam Cheong Limited stock splits
Nam Cheong Limited (SGX:1MZ) operates in the Trucks/Construction/Farm machinery industry.
Nam Cheong Limited company overviewWhen did Nam Cheong Limited stock split?
Nam Cheong Limited's most recent stock split was on March 7, 2024. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
What is Nam Cheong Limited's stock split history?
Nam Cheong Limited (SGX:1MZ) has split its stock 3 times: a 1-for-50 reverse split on April 29, 2011, a 38-for-33 split on August 30, 2018, and a 1-for-100 reverse split on March 7, 2024.
How many times has Nam Cheong Limited stock split?
Nam Cheong Limited has split its stock 3 times. This history records 3 splits between April 29, 2011 and March 7, 2024.
What is a reverse stock split?
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 Nam Cheong Limited's 1-for-100 reverse split on March 7, 2024, every 100 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.
Will Nam Cheong Limited split its stock again?
Nam Cheong Limited has not announced a new split in our records. Its most recent split was on March 7, 2024, 2 years ago. Companies announce splits in advance, and any new SGX:1MZ split will appear on this page.