Corporate Action is activity like dividend payout, right issue, bonus issue, stock split, etc.
Corporate Action may or may not affect your number of shares.
You need to need exactly when the corporate action will take effect. The date is very important.
You don't want to face situation when you sold your shares only to realised you have received 10 bonus shares.
You don't want to face situation when you have reverse stock split, you thought you have 10,000 shares, but after reverse stock split, you only have 2000 shares.
If you sold 10,000 shares without knowing that there is a reverse stock split, you will have oversold the number of shares.
Visit SGX website under Company Disclosure ---> Corporate Action , to learn about latest activities.
http://www.sgx.com/
See my youtube video to learn where to access the corporate action in SGX website
http://www.youtube.com/watch?v=m_X0VNAREVY&feature=mfu_in_order&list=UL
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