An issuer that intends to make a bonus issue must promptly make an announcement, stating the following:—

Amended on 7 February 20207 February 2020.

An issuer that intends to undertake a subdivision or consolidation of shares must:

Added on 7 February 20207 February 2020.

No record date must be fixed until the bonus issue or subdivision or consolidation of shares has been approved by the Exchange.

Amended on 7 February 20207 February 2020.

An issuer must satisfy the Exchange that its daily weighted average price, adjusted for the bonus issue or subdivision of shares ("adjusted price"), will not be less than S$0.50. When deciding, the Exchange may take into account an issuer's adjusted price for the month preceding the application date.

Amended on 10 August 201210 August 2012 and 7 February 20207 February 2020.

An issuer making a bonus issue or subdivision of shares must state in the shareholder circular (if required) whether it expects to maintain the quantum of dividend declared and paid in the previous year.

Amended on 7 February 20207 February 2020.

Deleted on 29 October 2025.

Deleted on 29 October 2025.

An issuer should avoid creating odd lots as far as possible.