Feb 26, 2016
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.12 to $0.24.
The split itself did not change the total investment value.
Tiong Woon Corporation Holding Ltd (SGX:BQM) operates in the Finance/Rental/Leasing industry.
Tiong Woon Corporation Holding Ltd company overviewTiong Woon Corporation Holding Ltd's most recent stock split was on February 26, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Tiong Woon Corporation Holding Ltd (SGX:BQM) has split its stock 3 times: a 165-for-152 split on July 11, 2005, a 31-for-27 split on February 23, 2012, and a 1-for-2 reverse split on February 26, 2016.
Tiong Woon Corporation Holding Ltd has split its stock 3 times. This history records 3 splits between July 11, 2005 and February 26, 2016.
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 Tiong Woon Corporation Holding Ltd's 1-for-2 reverse split on February 26, 2016, every 2 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.
Tiong Woon Corporation Holding Ltd has not announced a new split in our records. Its most recent split was on February 26, 2016, 10 years ago. Companies announce splits in advance, and any new SGX:BQM split will appear on this page.
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