CNASIA

0.170

(%)

Circular/Notice to Shareholders

CN ASIA CORPORATION BHD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED BONUS ISSUE OF UP TO 30,201,985 NEW WARRANTS IN CN ASIA CORPORATION BHD ("CN ASIA") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN CN ASIA HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF WARRANTS"); AND (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME ("SIS") OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF CN ASIA CORPORATION BHD (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED SIS")


Please refer attachment below.



Announcement Info

Company Name CN ASIA CORPORATION BHD
Stock Name CNASIA
Date Announced 12 Apr 2021
Category Document Submission
Reference Number DCS-12042021-00002