Asia
XMH Holdings Proposes Share Split; Shares Surge 7%
XMH Holdings (SGX:BQF) revealed plans for a share split of one-to-four based on a weighted average price per share of SG$2.2709, according to a Friday filing with the Singapore Exchange.Shares of the marine engine distributor zoomed over 7% in Monday trading.The share split exercise will allow the company to increase the market liquidity of its shares and potentially broaden its shareholder base.
SGX:BQF
