School Holiday TravellingThe Mid-year school holidays start this weekend and it is one of the peak periods for family planning overseas travels. What are some of the more popular destinations this year? And what strategies are tour agencies employing to push for more bookings? Has the recent stock market turmoil affected the holiday bookings this year, and how are local ‘staycation’ getting a bigger slice of this holiday market?Financial Planning 101: What is a Stock Split? A stock split is a corporate action in which a listed company divides its existing (high-price) shares into multiple shares available at a lower price. What are the benefits of doing so for listed companies and their shareholders? A listed company can also opt for a reverse stock split, ie, to combine lower-price shares into a single share of a higher price. Why do companies choose to do this? How does this corporate action affect the shareholders?