Suria Capital to issue bonus shares

TheStar Fri, Jan 11, 2019 09:39am - 5 years View Original


Chairman Tan Sri Ibrahim Menudin(pic) said as such, the company's ordinary share capital is expected to increase from 288.18 million shares to 349.67 million shares.

Chairman Tan Sri Ibrahim Menudin(pic) said as such, the company's ordinary share capital is expected to increase from 288.18 million shares to 349.67 million shares.

KOTA KINABALU: Suria Capital Holdings Bhd ’s shareholders have given the green light for the company to undertake a bonus issue of 58.27 million new ordinary shares on the basis of one bonus share for every five existing shares.

Chairman Tan Sri Ibrahim Menudin said as such, the company's ordinary share capital is expected to increase from 288.18 million shares to 349.67 million shares.

   

“The actual number of the new bonus shares will be based on the number of Suria shares in issue on the entitlement date,” he told a press conference after the company's extraordinary general meeting at Wisma Sabah Ports, Teluk Sepanggar here today.

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