When DBS issues the bonus shares, how do we add them into our dashboard?

[evankoh]

@kengbeng

Hi Evan, I read your article on stock split. For this particular DBS bonus share issue, I am assuming you will create the event by (1) selling the DBS shares at the closing price before ex-date and (2) buying 1.1x DBS shares at closing price on ex-date.

That is for stock split. In this case, it is bonus shares issuance. So, I will simply create two things.

1. A BUY transaction of the 0.1 x DBS shares with price at closing before ExDate.
2. Then to “balance” the BUY transaction, will create a scrip dividends of equal value.

I prefer not to create shares of price 0 because my logic is that DBS is actually giving us something of value. In another words, DBS could have in theory just give dividends instead of more shares.