Lasco Distributors calls an Extraordinary General Meeting to Discuss Possible Stock Split

An Extraordinary General Meeting of Lasco Manufacturing Limited is scheduled to be held at the Knutsford Court Hotel, 11 Ruthven Road, Kingston 10 on Wednesday, June 26, 2013 at 10:30 a.m.

 

The directors have convened a meeting on the date stated for members of the company to consider the recommendation to split the shares of the company by subdividing each share into ten (10) new shares. A stock-split is a division of a share into shares with lower face value. Stock splits are mainly carried out with the intention of increasing liquidity. Once liquidity increases, it is anticipated that more buyers and sellers trade in the stock.