Bursa Malaysia Stock Watch

Vitrox proposes bonus share issue

kltrader
Publish date: Tue, 26 Apr 2011, 10:12 AM
kltrader
0 20,638
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Vitrox Corp proposed a one-for-two bonus share issue to increase the company's paid-up share capital, according to a Kuala Lumpur stock exchange filing late yesterday.

The exercise will increase the share capital to RM23.3 million from RM15.5 million, the statement said.

The rose to a record in Kuala Lumpur trading after announcing a bonus share issue, surging 9.6 per cent to RM2.29 at 9:26 a.m. local time. -- Bloomberg
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment