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SGX-ST approves Memiontec's 3-for-1 proposed share split

Felicia Tan
Felicia Tan • 2 min read
SGX-ST approves Memiontec's 3-for-1 proposed share split
Photo: Albert Chua/The Edge Singapore
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The SGX-ST has given Memiontec Holdings its in-principle approval for the listing and quotation of its new shares on the Catalist board.

Memiontec, on March 23, announced that it is proposing a three-for-one stock split. The record date will be determined by the board. The board had previously indicated that it will fix the record date for the proposed share split subsequent to the date of the first and final dividend.

As at March 23, the company has an issued and paid-up share capital of $12.6 million comprising 220,257,000 shares.

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