Bonus issue or free warrant? I tot is bonus issue la
Both la.
KULIM (MALAYSIA) BERHAD (KULIM OR THE COMPANY)
(I) PROPOSED SHARE SPLIT;
(II) PROPOSED BONUS ISSUE;
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
(IV) PROPOSED AMENDMENTS; AND
(V) PROPOSED FREE WARRANTS ISSUE
(COLLECTIVELY REFERRED TO HEREINAFTER AS THE PROPOSALS)
KULIM (MALAYSIA) BERHAD (KULIM OR THE COMPANY)
(I) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISON OF EVERY ONE (1) EXISTING
ORDINARY SHARE OF RM0.50 EACH HELD IN KULIM (KULIM SHARE(S) OR SHARE(S)) INTO
TWO (2) ORDINARY SHARES OF RM0.25 EACH (SUBDIVIDED SHARE(S)) (PROPOSED SHARE
SPLIT);
(II) PROPOSED BONUS ISSUE OF NEW SUBDIVIDED SHARES (BONUS SHARE(S)) ON THE
BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) SUBDIVIDED SHARE HELD AFTER THE
PROPOSED SHARE SPLIT (PROPOSED BONUS ISSUE);
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF KULIM FROM RM200,000,000
COMPRISING 400,000,000 SHARES TO RM500,000,000 COMPRISING 2,000,000,000
SUBDIVIDED SHARES (PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL);
(IV) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KULIM
(PROPOSED AMENDMENTS); AND
(V) PROPOSED ISSUE OF FREE WARRANTS IN KULIM (WARRANT(S)) ON THE BASIS OF ONE
(1) WARRANT FOR EVERY EIGHT (8) SUBDIVIDED SHARES HELD AFTER THE PROPOSED SHARE
SPLIT AND THE PROPOSED BONUS ISSUE (PROPOSED FREE WARRANTS ISSUE)
(COLLECTIVELY REFERRED TO HEREINAFTER AS THE PROPOSALS)
You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.