KUALA LUMPUR: Shares of HIROTAKO HOLDINGS BHD [] advanced in afternoon trade on Friday, April 15 after it proposed a share split and bonus.
The company proposed a share split of every one existing share into two split shares held on an entitlement date to be determined later.
Hirotako also proposed one bonus share for every four existing split shares. This would involve a bonus issue of up to 111.25 million new split shares to be credited as fully paid-up after the proposed share split.
At 2.59pm, the shares were up 11 sen to RM1.99 with 734,100 shares done bucking the weaker broader market.
The FBM KLCI was down 4.08 points to 1,521.72. Turnover was 483.31 million shares valued at RM794.72 million. There were 217 gainers, 423 losers and 298 stocks unchanged.
The company proposed a share split of every one existing share into two split shares held on an entitlement date to be determined later.
Hirotako also proposed one bonus share for every four existing split shares. This would involve a bonus issue of up to 111.25 million new split shares to be credited as fully paid-up after the proposed share split.
At 2.59pm, the shares were up 11 sen to RM1.99 with 734,100 shares done bucking the weaker broader market.
The FBM KLCI was down 4.08 points to 1,521.72. Turnover was 483.31 million shares valued at RM794.72 million. There were 217 gainers, 423 losers and 298 stocks unchanged.
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