Global Testing: Company will pay out a a special distribution of $0.075/share, followed by the 20-into-1 share consolidation.
Assuming the counter closes at $0.139 today, the theoretical opening price will be:
(Ex special div) $0.139 - $0.075 = $0.064
(After share consol) $0.064 * 20 = $1.28
You may refer to the circular for more info.
http://infopub.sgx.com/FileOpen/GTC-Circular.ashx?App=Prospectus&FileID=26171
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