Bursa Malaysia Stock Watch

TNB proposes 1-for-4 bonus share issue

kltrader
Publish date: Thu, 26 Aug 2010, 09:47 PM
kltrader
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TENAGA Nasional Bhd, Malaysia's biggest power producer, said it proposed to give shareholders one new share for every four held.

The bonus issue is to 'reward shareholders' as well as improve the liquidity of the company's shares in the market, Tenaga said in a statement in Kuala Lumpur today. - Bloomberg
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