Nov 12, 2008
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Nam Lee Pressed Metal Industries Limited (SGX:G0I) operates in the Building products industry.
Nam Lee Pressed Metal Industries Limited company overviewNam Lee Pressed Metal Industries Limited's most recent stock split was on November 12, 2008. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Nam Lee Pressed Metal Industries Limited (SGX:G0I) has split its stock 2 times: a 3-for-2 split on August 6, 2004 and a 1-for-2 reverse split on November 12, 2008.
Nam Lee Pressed Metal Industries Limited has split its stock 2 times. This history records 2 splits between August 6, 2004 and November 12, 2008.
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 Lee Pressed Metal Industries Limited's 1-for-2 reverse split on November 12, 2008, 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.
Nam Lee Pressed Metal Industries Limited has not announced a new split in our records. Its most recent split was on November 12, 2008, 17 years ago. Companies announce splits in advance, and any new SGX:G0I split will appear on this page.
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