Bursa Malaysia Stock Watch
Kulim plans share split, bonus issue
kltrader
Publish date: Thu, 04 Nov 2010, 02:26 PM
kltrader
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Kulim (Malaysia) Bhd said it plans a share split to make the stock more affordable and a bonus issue to reward shareholders and improve the liquidity of the shares.
The company will subdivide each share into two and will give shareholders one new share for each held after the share split, it said in a statement late yesterday.
The shares of Kulim rose to a record in Kuala Lumpur trading, jumping 6.2 per cent to RM12 at 9:02 a.m. local time.-- Bloomberg
The company will subdivide each share into two and will give shareholders one new share for each held after the share split, it said in a statement late yesterday.
The shares of Kulim rose to a record in Kuala Lumpur trading, jumping 6.2 per cent to RM12 at 9:02 a.m. local time.-- Bloomberg
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