Dec 23, 2015
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Kencana Agri Limited (SGX:BNE) operates in the Agricultural commodities/Milling industry.
Kencana Agri Limited company overviewKencana Agri Limited's most recent stock split was on December 23, 2015. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Kencana Agri Limited has split its stock once. This history records one reverse split, on December 23, 2015.
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 Kencana Agri Limited's 1-for-4 reverse split on December 23, 2015, every 4 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.
Kencana Agri Limited has not announced a new split in our records. Its most recent split was on December 23, 2015, 10 years ago. Companies announce splits in advance, and any new SGX:BNE split will appear on this page.
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