Japanese bulker owner NS United has decided to pursue a stock split to fit in with new stock exchange policy.
Investors will receive one share for every 10 they hold, it said.
It said that "for the greater convenience of investors", all Japanese stock exchanges are promoting the Action Plan for Consolidating Trading Units, under which companies are encouraged to set their trading units (share unit number) of common shares at 100 shares, from 1,000 previously.
The
