May 10, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.04 to $0.35.
The split itself did not change the total investment value.
HG Metal Manufacturing Limited (SGX:BTG) operates in the Steel industry.
HG Metal Manufacturing Limited company overviewHG Metal Manufacturing Limited's most recent stock split was on May 10, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
HG Metal Manufacturing Limited (SGX:BTG) has split its stock 6 times: a 5-for-4 split on March 3, 2004, a 4-for-3 split on February 2, 2005, a 189-for-155 split on February 5, 2007, a 4-for-3 split on February 1, 2008, a 30-for-29 split on January 21, 2009, and a 1-for-10 reverse split on May 10, 2016.
HG Metal Manufacturing Limited has split its stock 6 times. This history records 6 splits between March 3, 2004 and May 10, 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 HG Metal Manufacturing Limited's 1-for-10 reverse split on May 10, 2016, 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.
HG Metal Manufacturing Limited has not announced a new split in our records. Its most recent split was on May 10, 2016, 10 years ago. Companies announce splits in advance, and any new SGX:BTG split will appear on this page.
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