The latest announcement is out from Malaysia Smelting Corp. Bhd. ( (SG:NPW) ).
Malaysia Smelting Corporation Bhd has announced a proposed bonus issue of 420,000,000 new ordinary shares, offering one bonus share for every existing share held. This move will double the company’s total issued shares from 420,000,000 to 840,000,000, potentially impacting the market price of MSC shares on Bursa Securities.
More about Malaysia Smelting Corp. Bhd.
Malaysia Smelting Corporation Bhd (MSC) is primarily listed on the Main Market of Bursa Malaysia Securities Berhad and secondarily on the Main Board of Singapore Exchange Securities Trading Limited. The company is involved in the smelting industry, focusing on the production and trading of tin.
YTD Price Performance: -0.74%
Average Trading Volume: 12,491
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$282M
For an in-depth examination of NPW stock, go to TipRanks’ Stock Analysis page.