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The Straits Times / The Business Times News on Cosco

Cosco Corp to split shares 2-for-1

25 November 2005
The Business Times

COSCO Corporation is proposing a two-for-one stock split to make its shares more affordable and liquid. It intends to split each of its existing ordinary share of 20 cents to two ordinary shares of 10 cents. The proposed sub-division would raise the number of Cosco Corp shares to about 2.2 billion. The proposal is subject to shareholders' approval at its EGM.