
MSM International Receives Approval for Share Consolidation

MSM International Limited has received approval from the Singapore Exchange for a share consolidation, converting every four existing shares into one consolidated share. This strategic move aims to streamline the company's share structure, potentially enhancing market operations and shareholder value. The current market cap stands at S$2.42M, with an average trading volume of 5,633 shares. This announcement marks a significant development for MSM International as it engages with financial markets.
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The latest update is out from MSM International Limited ( (SG:5QR) ).
MSM International Limited has announced the receipt of a listing and quotation notice from the Singapore Exchange Securities Trading Limited for the proposed consolidation of its shares. This move involves consolidating every four existing shares into one consolidated share, with fractional entitlements disregarded. The announcement marks a significant step in the company’s efforts to streamline its share structure, potentially impacting its market operations and shareholder value.
More about MSM International Limited
MSM International Limited is a company incorporated in Singapore, operating as part of a group with its subsidiaries. The company is involved in activities that necessitate engagement with the Singapore Exchange Securities Trading Limited, indicating a focus on financial markets and securities.
Average Trading Volume: 5,633
Technical Sentiment Signal: Sell
Current Market Cap: S$2.42M
For detailed information about 5QR stock, go to TipRanks’ Stock Analysis page.
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