Indonesia's ADES Announces 1:10 Stock Split to Boost Liquidity and Meet Regulations
PT Akasha Wira International Tbk (ADES) of Indonesia announced a 1:10 stock split plan. This strategic move aims to meet the minimum public float requirements set by the Indonesia Stock Exchange (IDX) and adjust the stock price to a more affordable level, thereby enhancing market trading liquidity and expanding the investor base.
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