As at August 31, UG Healthcare has an issued and paid-up share capital of $58.7 million comprising 205.0 million shares.
Following the completion of the share split, the company will have an issued and paid-up share capital of $58.7 million comprising 615.0 million shares.
UG Healthcare is expected to obtain approval from its shareholders for the split at its extraordinary general meeting (EGM) on September 18.
Shares in UG Healthcare closed flat at $2.36 on September 15.
