Property developer PT Intiland Development Tbk (DILD) plans to split its nominal stock at the ratio of 1:2 to boost stock liquidity in the market.
The company will hold stock split on July 26 at the regular and negotiation markets of Indonesia Stock Exchange.
Intiland's nominal stock is Rp500 per share. By splitting the nominal of one stock into two, Intiland's nominal will become Rp250 per share.
Disclosure: No position at the stock mentioned above.
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