facebookUMS has announced 1 news securities for every 4 UMS HOLDINGS LIMITED share owned. - Seedly

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Anonymous

05 Oct 2021

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UMS has announced 1 news securities for every 4 UMS HOLDINGS LIMITED share owned.

What is the implication on future stock prices perhaps in the next 6 months?

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Tan Choong Hwee

05 Oct 2021

Solutions Specialist at Providend

This is 4:1 bonus issues, so if you own 400 shares before ex-date, you will own 500 shares after receiving bonus issues. The share price will adjust to 4/5 of previous day close price on ex-date opening, after that price will move subject to supply and demand forces.

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