GEORGE TOWN: Globetronics Technology Bhd
is proposing a one-for-two share split from 50 sen each into 25 sen shares and issue 96.65 million new shares for its bonus issue exercise.
Group chief executive officer Datuk Heng Huck Lee told StarBiz that the group was splitting the shares because there were requests from overseas and local institutional investors that there weren’t enough Globetronics shares floating in the market.
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