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Samurai 2K Aerosol proposes one-to-three share split

The Edge Singapore
The Edge Singapore6/15/2021 09:34 PM GMT+08  • 2 min read
Samurai 2K Aerosol proposes one-to-three share split
The share price has gained more than 5 times since its 2017 listing
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Samurai 2K Aerosol, which produces aerosol paint, is proposing a one-to-three stock split so that it can have more flexibility to cater to investors with different investment profiles.

“Furthermore, the reduced price of each board lot of shares would make the shares more accessible and attractive to both existing and potential investors and hence enhance the trading liquidity of the shares over time,” says the company on June 15.

Shareholders should note, however, that there can be no assurance that the intended effect of the proposed share split above can be achieved, nor is there any assurance that such effect can be sustained in the longer term, the company adds.

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