MEITEC Group Holdings (9744) · InitiativeAchieved
Reducing the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 956 threads.Full recordFilings, disclosures and news, newest first
- FY2023-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 12 May 2022, the Company conducted a stock split and made partial amendments to its Articles of Incorporation in connection with the stock split, effective 1 July 2022.」
Effective 1 July 2022, 1 common share was split into 3 shares, increasing the total number of issued shares from 28,100,000 to 84,300,000. The stock split was conducted to lower the investment unit and improve liquidity. - FY2022First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily in the Company’s shares by conducting a stock split, lowering the investment unit amount for the Company’s shares and increasing their liquidity.」
The Company resolved to split 1 common share into 3 shares, with 30 June 2022 as the record date, for the purpose of lowering the investment unit and improving liquidity.