KUALA LUMPUR: Effective 9am today, DiGi.Com Bhd’s share price will be adjusted to one-tenth of its value, with every share of 10 sen par value subdivided into 10 shares of one sen par value.
That would balloon its share base of 777.5 million shares to 7.78 billion shares, the company said in a statement yesterday. In effect, the reference price for DiGi will be RM3.72, based on its closing price yesterday.
This article appeared in The Edge Financial Daily, November 24, 2011.
That would balloon its share base of 777.5 million shares to 7.78 billion shares, the company said in a statement yesterday. In effect, the reference price for DiGi will be RM3.72, based on its closing price yesterday.
This article appeared in The Edge Financial Daily, November 24, 2011.